An efficient test of fiscal sustainability
Vasco Gabriel and
Pataaree Sangduan
Applied Economics Letters, 2010, vol. 17, issue 18, 1819-1822
Abstract:
We suggest using the efficient test with prespecified cointegration vectors of Horvath and Watson (1995) for the 'strong' fiscal sustainability hypothesis. Unlike this procedure, conventional methodologies tend to penalize the sustainability hypothesis.
Date: 2010
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Working Paper: An Efficient Test of Fiscal Sustainability (2010) 
Working Paper: An Efficient test of Fiscal Sustainability (2010) 
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Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:17:y:2010:i:18:p:1819-1822
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DOI: 10.1080/13504850903299610
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