The relationship between trade openness and public expenditure. The spanish case, 1960-2000
María Gadea (),
Marcela Sabate () and
Estela Sáenz Rodríguez ()
Additional contact information
Estela Sáenz Rodríguez: Department of Applied Economics. School of Economics. University of Zaragoza
Documentos de Trabajo from Facultad de Ciencias Económicas y Empresariales, Universidad de Zaragoza
The aim of this paper is to empirically determine whether there is a relation between trade openness and public expenditure in Spain using annual long-run data from 1960 to 2000, a period that has witnessed an accelerated process both of openness to the international markets of goods and services and of public sector growth. Results, based on the cointegration of Johansen, reveal a long-term relationship between public expenditure and both trade openness and several protection indicators. We complete our investigation with a robustness study and a stability analysis to check whether the aforementioned relationship is affected or not by structural changes.
Keywords: trade openness; public expenditure; cointegration (search for similar items in EconPapers)
JEL-codes: F41 H11 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:zar:wpaper:dt2009-06
Access Statistics for this paper
More papers in Documentos de Trabajo from Facultad de Ciencias Económicas y Empresariales, Universidad de Zaragoza Contact information at EDIRC.
Bibliographic data for series maintained by Vicente Pinilla ().