TEMPORAL CAUSALITY BETWEEN GOVERNMENT’S REVENUE AND EXPENDITURE

Detalhes bibliográficos
Autor(a) principal: Gadelha, Sérgio Ricardo de Brito
Data de Publicação: 2011
Tipo de documento: Artigo
Idioma: por
Título da fonte: Análise Econômica (Online)
Texto Completo: https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/12038
Resumo: In this paper, we investigate the long run equilibrium relationship and Granger causality, in bivariate and multivariate frameworks, among the variables government revenue, government expenditure, gross domestic product and public debt, in order to test the hypothesis of tax-and-spend, spend-and-tax, or fiscal synchronization for Brazil. Using monthly data for the period January 1997 to June 2009, the results of Engle-Granger (1987) causality test suggest bidirectional causality between government revenue and government expenditure, according to fiscal synchronization hypothesis.
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spelling TEMPORAL CAUSALITY BETWEEN GOVERNMENT’S REVENUE AND EXPENDITURECAUSALIDADE TEMPORAL ENTRE RECEITA E DESPESA GOVERNAMENTAISTax-and-spendSpend-and-taxFiscal synchronizationEngle-Granger causality testC32E62H62Arrecadar e gastarGastar e arrecadarSincronização fiscalTeste de causalidade de Engle-GrangerIn this paper, we investigate the long run equilibrium relationship and Granger causality, in bivariate and multivariate frameworks, among the variables government revenue, government expenditure, gross domestic product and public debt, in order to test the hypothesis of tax-and-spend, spend-and-tax, or fiscal synchronization for Brazil. Using monthly data for the period January 1997 to June 2009, the results of Engle-Granger (1987) causality test suggest bidirectional causality between government revenue and government expenditure, according to fiscal synchronization hypothesis.Nesse estudo, investiga-se a relação de equilíbrio de longo prazo e a causalidade de Granger, em estruturas bivariada e multivariada, entre as variáveis receita governamental, despesa governamental, produto interno bruto e dívida pública, a fim de testar as hipóteses “arrecadar e gastar”, “gastar e arrecadar” e “sincronização fiscal” para o Brasil. Usando dados mensais abrangendo o período de janeiro de 1997 a junho de 2009, os resultados do teste de causalidade de Engle-Granger (1987) sugerem a existência de relação de bi-causalidade entre receita e despesa governamentais, de acordo com a hipótese de sincronização fiscal. UFRGS2011-12-22info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/1203810.22456/2176-5456.12038Análise Econômica; Vol. 29 No. 56 (2011): setembro de 2011Análise Econômica; v. 29 n. 56 (2011): setembro de 20112176-54560102-9924reponame:Análise Econômica (Online)instname:Universidade Federal do Rio Grande do Sul (UFRGS)instacron:UFRGSporhttps://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/12038/14672Copyright (c) 2019 Análise Econômicainfo:eu-repo/semantics/openAccessGadelha, Sérgio Ricardo de Brito2013-10-10T17:54:03Zoai:seer.ufrgs.br:article/12038Revistahttps://seer.ufrgs.br/index.php/AnaliseEconomicaPUBhttps://seer.ufrgs.br/index.php/AnaliseEconomica/oai||rae@ufrgs.br2176-54560102-9924opendoar:2013-10-10T17:54:03Análise Econômica (Online) - Universidade Federal do Rio Grande do Sul (UFRGS)false
dc.title.none.fl_str_mv TEMPORAL CAUSALITY BETWEEN GOVERNMENT’S REVENUE AND EXPENDITURE
CAUSALIDADE TEMPORAL ENTRE RECEITA E DESPESA GOVERNAMENTAIS
title TEMPORAL CAUSALITY BETWEEN GOVERNMENT’S REVENUE AND EXPENDITURE
spellingShingle TEMPORAL CAUSALITY BETWEEN GOVERNMENT’S REVENUE AND EXPENDITURE
Gadelha, Sérgio Ricardo de Brito
Tax-and-spend
Spend-and-tax
Fiscal synchronization
Engle-Granger causality test
C32
E62
H62
Arrecadar e gastar
Gastar e arrecadar
Sincronização fiscal
Teste de causalidade de Engle-Granger
title_short TEMPORAL CAUSALITY BETWEEN GOVERNMENT’S REVENUE AND EXPENDITURE
title_full TEMPORAL CAUSALITY BETWEEN GOVERNMENT’S REVENUE AND EXPENDITURE
title_fullStr TEMPORAL CAUSALITY BETWEEN GOVERNMENT’S REVENUE AND EXPENDITURE
title_full_unstemmed TEMPORAL CAUSALITY BETWEEN GOVERNMENT’S REVENUE AND EXPENDITURE
title_sort TEMPORAL CAUSALITY BETWEEN GOVERNMENT’S REVENUE AND EXPENDITURE
author Gadelha, Sérgio Ricardo de Brito
author_facet Gadelha, Sérgio Ricardo de Brito
author_role author
dc.contributor.author.fl_str_mv Gadelha, Sérgio Ricardo de Brito
dc.subject.por.fl_str_mv Tax-and-spend
Spend-and-tax
Fiscal synchronization
Engle-Granger causality test
C32
E62
H62
Arrecadar e gastar
Gastar e arrecadar
Sincronização fiscal
Teste de causalidade de Engle-Granger
topic Tax-and-spend
Spend-and-tax
Fiscal synchronization
Engle-Granger causality test
C32
E62
H62
Arrecadar e gastar
Gastar e arrecadar
Sincronização fiscal
Teste de causalidade de Engle-Granger
description In this paper, we investigate the long run equilibrium relationship and Granger causality, in bivariate and multivariate frameworks, among the variables government revenue, government expenditure, gross domestic product and public debt, in order to test the hypothesis of tax-and-spend, spend-and-tax, or fiscal synchronization for Brazil. Using monthly data for the period January 1997 to June 2009, the results of Engle-Granger (1987) causality test suggest bidirectional causality between government revenue and government expenditure, according to fiscal synchronization hypothesis.
publishDate 2011
dc.date.none.fl_str_mv 2011-12-22
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/12038
10.22456/2176-5456.12038
url https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/12038
identifier_str_mv 10.22456/2176-5456.12038
dc.language.iso.fl_str_mv por
language por
dc.relation.none.fl_str_mv https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/12038/14672
dc.rights.driver.fl_str_mv Copyright (c) 2019 Análise Econômica
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2019 Análise Econômica
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv UFRGS
publisher.none.fl_str_mv UFRGS
dc.source.none.fl_str_mv Análise Econômica; Vol. 29 No. 56 (2011): setembro de 2011
Análise Econômica; v. 29 n. 56 (2011): setembro de 2011
2176-5456
0102-9924
reponame:Análise Econômica (Online)
instname:Universidade Federal do Rio Grande do Sul (UFRGS)
instacron:UFRGS
instname_str Universidade Federal do Rio Grande do Sul (UFRGS)
instacron_str UFRGS
institution UFRGS
reponame_str Análise Econômica (Online)
collection Análise Econômica (Online)
repository.name.fl_str_mv Análise Econômica (Online) - Universidade Federal do Rio Grande do Sul (UFRGS)
repository.mail.fl_str_mv ||rae@ufrgs.br
_version_ 1799766266946256896

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