Public finances in the EU-27: Are they sustainable?
View/ Open
Metadata
Show full item recordcomunitat-uji-handle:10234/9
comunitat-uji-handle2:10234/8643
comunitat-uji-handle3:10234/8644
comunitat-uji-handle4:
INVESTIGACIONMetadata
Title
Public finances in the EU-27: Are they sustainable?Date
2020Publisher
SpringerBibliographic citation
CUESTAS, Juan Carlos; GIL-ALANA, Luis; SAUCI, Laura (2020). Public finances in the EU-27: Are they sustainable? Empirica, v. 47, p. 181-204Type
info:eu-repo/semantics/articlePublisher version
https://link.springer.com/article/10.1007/s10663-018-9411-0Version
info:eu-repo/semantics/publishedVersionSubject
Abstract
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. [-]
Is part of
Empirica (2020), v. 47Investigation project
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’.Rights
http://rightsstatements.org/vocab/CNE/1.0/
info:eu-repo/semantics/openAccess
info:eu-repo/semantics/openAccess
This item appears in the folowing collection(s)
- ECO_Articles [696]