Revenue and Expenditure Nexus: A Case Study of ECOWAS-Reference-Cited by-同舟云学术

Revenue and Expenditure Nexus: A Case Study of ECOWAS

Published:2013-04-10 Issue:1 Volume:7 Page:
ISSN:1864-6042
Container-title:Economics
language:en
Short-container-title:

Author:

Magazzino Cosimo¹

Affiliation:

1. Department of Political Sciences , Roma Tre University , Via G. Chiabrera 199, 00145 Roma

Abstract

Abstract This paper aims to assess the relationship among fiscal variables (government revenue and expenditure) in Sub-Saharan African countries. Using yearly data for the period between 1980 and 2011 in fifteen ECOWAS countries, a weak long-run relationship between government expenditure and revenue emerge, but only in the case of WAMZ countries. Granger causality analysis show mixed results for WAEMU countries, while for four out of six WAMZ countries (Gambia, Liberia, Nigeria, and Sierra Leone) the “tax-and-spend” hypothesis holds, since government revenue would drive the expenditure.

Publisher

Walter de Gruyter GmbH

Subject

General Economics, Econometrics and Finance

Link

https://www.degruyter.com/document/doi/10.5018/economics-ejournal.ja.2013-13/pdf

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