Are EU budget deficits stationary?
In this paper, we test for the stationarity of European Union budget deficits over the period 1971-2006, using a panel of thirteen member countries. Our testing strategy addresses two key concerns with regard to unit root panel data testing, namely (1) the presence of cross-sectional dependence amon...
- Autores:
- Tipo de recurso:
- Fecha de publicación:
- 2010
- Institución:
- Universidad del Rosario
- Repositorio:
- Repositorio EdocUR - U. Rosario
- Idioma:
- eng
- OAI Identifier:
- oai:repository.urosario.edu.co:10336/23917
- Acceso en línea:
- https://doi.org/10.1007/s00181-009-0289-3
https://repository.urosario.edu.co/handle/10336/23917
- Palabra clave:
- Bootstrapping
Budget deficit
Economic structure
European union
Fiscal policy
Hypothesis testing
Maastricht treaty
Panel data
Europe
Fiscal sustainability
Heterogeneous dynamic panels
Mean reversion
Panel stationarity test
- Rights
- License
- Abierto (Texto Completo)