Back to Search
Start Over
The Revenue–Expenditure Nexus: The Experience of 13 African Countries.
- Source :
- African Development Review / Revue Africaine de Développement; Sep2008, Vol. 20 Issue 2, p273-283, 11p, 1 Chart
- Publication Year :
- 2008
-
Abstract
- The aim of this paper is to investigate the causal relationship between government revenue and government expenditure for 13 African countries within a multivariate framework using a modified version of the Granger causality test due to Toda and Yamamoto (1995) . The empirical evidence suggests that there was a bi-directional causality running between expenditure and revenue for Mauritius, Swaziland and Zimbabwe; no causality in any direction for Botswana, Burundi and Rwanda; unidirectional causality running from revenue to expenditure for Ethiopia, Ghana, Kenya, Nigeria, Mali and Zambia; and a uni-directional causality running from expenditure to revenue for Burkina Faso only. [ABSTRACT FROM AUTHOR]
- Subjects :
- INTERNAL revenue
PUBLIC spending
Subjects
Details
- Language :
- English
- ISSN :
- 10176772
- Volume :
- 20
- Issue :
- 2
- Database :
- Complementary Index
- Journal :
- African Development Review / Revue Africaine de Développement
- Publication Type :
- Academic Journal
- Accession number :
- 33208221
- Full Text :
- https://doi.org/10.1111/j.1467-8268.2008.00185.x