Tax or Spend, What causes What? Reconsidering Taiwan's Experience
Scott Fuess,
Jack Hou and
Meghan Millea
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Meghan Millea: Department of Finance and Economics, Mississippi State University, U.S.A.
International Journal of Business and Economics, 2003, vol. 2, issue 2, 109-119
Abstract:
Earlier research suggests that there has been one-way causality from government revenues to expenditures in Taiwan. This study measures linear feedback to (1) decompose the relationship between Taiwan's government spending and receipts and (2) account for contemporaneous association. Despite substantial fiscal synchronization, we still find one-way causality from government receipts to expenditures.
Keywords: budget deficits; time-series methods (search for similar items in EconPapers)
JEL-codes: C32 H60 H62 (search for similar items in EconPapers)
Date: 2003
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Citations: View citations in EconPapers (2)
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https://ijbe.fcu.edu.tw/assets/ijbe/past_issue/No.02-2/abstract/03.html (text/html)
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Persistent link: https://EconPapers.repec.org/RePEc:ijb:journl:v:2:y:2003:i:2:p:109-119
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