文章基本信息

标题：“Revenue-led Spending” or “Spending-led Revenue”: Evidence from Iran (1978-2012)
作者：Rezaei, Abbas ali
期刊名称：Hyperion Economic Journal
印刷版ISSN：2343-7995
出版年度：2015
卷号：3
期号：1
页码：3-19
出版社：Faculty of Economic Sciences, Hyperion University of Bucharest, Romania
摘要：The main purpose of this study is to investigate the Long and short Run relationship between government revenue and government expenditure in Iran Country covering data 1978- 2012 with using An Auto Regressive Distributive Lag (ARDL) Approach. We investigated causality between revenue and government expenditure by using an application of Toda-Yamamoto approach. Autoregressive Distributeded Lag (ARDL) technique is used to describe both long run relationships and short run dynamic adjustments between government revenue and expenditure variables. The results of this paper support the Freidman (1978) hypothesis that government revenues cause expenditure and revenues have a positive causal impact on government expenditure.
关键词：structural break; Toda-Yamamoto approach; ARDL technique; and Iranian economy