The Government Revenue-Expenditure Nexus: Evidence from a State
David Joulfaian () and
Rajen Mookeriee
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Rajen Mookeriee: Penn State University
Public Finance Review, 1990, vol. 18, issue 1, 92-103
Abstract:
In this article, we empirically gauge the government revenue-expenditure nexus for a state. Employing Granger-causality and vector autoregression techniques, our stylized results indicate that state revenues cause state expenditures. Furthermore, we find that federal grants are not a significant perma nent source of exogenous shock.
Date: 1990
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Persistent link: https://EconPapers.repec.org/RePEc:sae:pubfin:v:18:y:1990:i:1:p:92-103
DOI: 10.1177/109114219001800106
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