Regional econometric model and the fiscal policy of a state: The case of Tennessee

1977 ◽  
Vol 11 (2) ◽  
pp. 11-24
Author(s):  
Hui S. Chang
Keyword(s):  
Fiscal Policy ◽  
Econometric Model ◽  
Regional Econometric Model

scholarly journals Fiscal Policy And Economic Growth In PIIGS Countries: An Empirical Assessment

2013 ◽  
Vol 29 (5) ◽  
pp. 1343 ◽  
Author(s):  
Helmi Hamdi ◽  
Rashid Sbia
Keyword(s):  
Economic Growth ◽  
Fiscal Policy ◽  
Causal Relationship ◽  
Econometric Model ◽  
Government Expenditures ◽  
Empirical Results ◽  
Empirical Assessment ◽  
Bidirectional Relationship ◽  
Tax Hypothesis ◽  
Dynamic Relationships

This paper studies the dynamic relationships between government revenues, government expenditures and economic growth in Portugal, Italy, Ireland, Greece and Spain (PIIGS henceforth). To this end we use a multivariate econometric model based on the Toda-Yamamoto (1995) procedure. Our empirical results reveal a bidirectional relationship between government revenues and government expenditures in Portugal only. Greece is the only county in which government expenditures Granger cause government revenues. Therefore, there is no evidence for spend-and-tax hypothesis for three countries of our sample. For Italy there is a unique unidirectional relationship running from government revenues to GDP while a unique unidirectional relationship was found running from government revenues to government expenditures for Ireland. Results for Spain show a double bidirectional relationships running from government revenues to GDP and from government expenditures to GDP. Moreover, there exists a unidirectional causal relationship between government revenues and government expenditures. Again, there is no evidence for tax-and-spend hypothesis for three countries of our sample.

scholarly journals A Multisectoral Regional Econometric Model of Niigata Economy (NIIOM)

1997 ◽  
Vol 28 (1) ◽  
pp. 193-206
Author(s):  
Shuntaro SHISHIDO ◽  
Mitsuru HAMADA ◽  
Alexander MOVCHOUK ◽  
Tomoyoshi NAKAJIMA ◽  
Hitoshi TANAKA
Keyword(s):  
Econometric Model ◽  
Regional Econometric Model

scholarly journals A Regional Econometric Model for the Water Resource System

1977 ◽  
Vol 8 ◽  
pp. 115-135
Author(s):  
Sohtaroh KUNIHISA ◽  
Komei SASAKI ◽  
Yuichi TAKEUCHI
Keyword(s):  
Water Resource ◽  
Econometric Model ◽  
Water Resource System ◽  
Regional Econometric Model ◽  
Resource System
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