Are EU budget deficits sustainable?
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:
- 2009
- Institución:
- Universidad del Rosario
- Repositorio:
- Repositorio EdocUR - U. Rosario
- Idioma:
- eng
- OAI Identifier:
- oai:repository.urosario.edu.co:10336/28412
- Acceso en línea:
- https://repository.urosario.edu.co/handle/10336/28412
- Palabra clave:
- Heterogeneous dynamic panels
Fiscal sustainability
Mean reversion
Panel stationarity test
- Rights
- License
- http://purl.org/coar/access_right/c_abf2