Public finances in the EU-27: Are they sustainable?
comunitat-uji-handle:10234/9
comunitat-uji-handle2:10234/8643
comunitat-uji-handle3:10234/8644
comunitat-uji-handle4:
INVESTIGACIONMetadatos
Título
Public finances in the EU-27: Are they sustainable?Fecha de publicación
2020Editor
SpringerCita bibliográfica
CUESTAS, Juan Carlos; GIL-ALANA, Luis; SAUCI, Laura (2020). Public finances in the EU-27: Are they sustainable? Empirica, v. 47, p. 181-204Tipo de documento
info:eu-repo/semantics/articleVersión de la editorial
https://link.springer.com/article/10.1007/s10663-018-9411-0Versión
info:eu-repo/semantics/publishedVersionPalabras clave / Materias
Resumen
In this paper we aim to analyse the degree of mean reversion of public expenditure, revenue and the difference between them, over GDP for 27 European Union (EU) countries. To gain flexibility in the analysis of the ... [+]
In this paper we aim to analyse the degree of mean reversion of public expenditure, revenue and the difference between them, over GDP for 27 European Union (EU) countries. To gain flexibility in the analysis of the order of integration of the variables we apply fractional integration techniques. In general, we find evidence of mean reversion in all countries. [-]
Publicado en
Empirica (2020), v. 47Proyecto de investigación
Financial support from the research grant ECO2017-83255-C3-3-P and ECO2017-85503-R ‘Programa Estatal de Fomento de la Investigación, Científica y Técnica de Excelencia, Subprograma Estatal de Generación de Conocimiento, Ministerio de Economía, Industria y Competitividad (MINEIC), Gobierno de España, 2018–2020’.Derechos de acceso
http://rightsstatements.org/vocab/CNE/1.0/
info:eu-repo/semantics/openAccess
info:eu-repo/semantics/openAccess
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