메뉴 건너뛰기




Volumn 31, Issue 3, 2003, Pages 302-324

A survey of the international empirical evidence on the tax-spend debate

Author keywords

Budget deficits; Granger causality; Tax spend; Time series

Indexed keywords


EID: 0037995655     PISSN: 10911421     EISSN: None     Source Type: Journal    
DOI: 10.1177/1091142103031003005     Document Type: Review
Times cited : (63)

References (98)
  • 1
    • 0003380357 scopus 로고
    • On the difficulty of eliminating deficits with higher taxes: Some Canadian evidence
    • Ahiakpor, J. C. W., and S. Amirkhalkhali. 1989. On the difficulty of eliminating deficits with higher taxes: Some Canadian evidence. Southern Economic Journal 56:24-31.
    • (1989) Southern Economic Journal , vol.56 , pp. 24-31
    • Ahiakpor, J.C.W.1    Amirkhalkhali, S.2
  • 2
    • 0003602539 scopus 로고    scopus 로고
    • The cost and benefit of fiscal rules: Evidence from U.S. states
    • NBER, Cambridge, MA
    • Alesina, A., and T. Bayoumi. 1996. The cost and benefit of fiscal rules: Evidence from U.S. states. Working paper no. 5614, NBER, Cambridge, MA.
    • (1996) Working Paper No. 5614 , vol.5614
    • Alesina, A.1    Bayoumi, T.2
  • 4
    • 0028568825 scopus 로고
    • Causality and comovement between taxes and expenditures: Historical evidence from Argentina, Brazil, and Argentina
    • Baffes, J., and A. Shah. 1994. Causality and comovement between taxes and expenditures: Historical evidence from Argentina, Brazil, and Argentina. Journal of Development Economics 44 (2): 311-31.
    • (1994) Journal of Development Economics , vol.44 , Issue.2 , pp. 311-331
    • Baffes, J.1    Shah, A.2
  • 5
    • 21844498418 scopus 로고
    • Do revenues or expenditures respond to budgetary disequilibria?
    • Baghestani, H., and R. McNown. 1994. Do revenues or expenditures respond to budgetary disequilibria? Soulhern Economic Journal 60:311-22.
    • (1994) Soulhern Economic Journal , vol.60 , pp. 311-322
    • Baghestani, H.1    McNown, R.2
  • 6
    • 0000841798 scopus 로고
    • On the determination of the public debt
    • Barro, R. J. 1979. On the determination of the public debt. Journal of Political Economy 81:940-71.
    • (1979) Journal of Political Economy , vol.81 , pp. 940-971
    • Barro, R.J.1
  • 7
    • 0346098494 scopus 로고
    • Causality between public expenditure and taxation: Evidence from the Italian case
    • Bella, M., and B. Quinteri. 1995. Causality between public expenditure and taxation: Evidence from the Italian case. Economic Notes 24 (1): 45-68.
    • (1995) Economic Notes , vol.24 , Issue.1 , pp. 45-68
    • Bella, M.1    Quinteri, B.2
  • 8
    • 0005029929 scopus 로고
    • Off-budget activities of local governments: The bane of the tax revolt
    • Bennett, J. T., and T. J. DiLorenzo. 1983. Off-budget activities of local governments: The bane of the tax revolt. Public Choice 39:333-42.
    • (1983) Public Choice , vol.39 , pp. 333-342
    • Bennett, J.T.1    Dilorenzo, T.J.2
  • 10
    • 84970338347 scopus 로고
    • Causality between revenues and expenditures and the size of the federal budget
    • Blackley, P. R. 1986. Causality between revenues and expenditures and the size of the federal budget. Public Finance Quarterly 14 (2): 139-56.
    • (1986) Public Finance Quarterly , vol.14 , Issue.2 , pp. 139-156
    • Blackley, P.R.1
  • 11
    • 0001746152 scopus 로고
    • Budget balance through revenue or spending adjustments?
    • Bohn.H. 1991. Budget balance through revenue or spending adjustments? Journal of Monetary Economics 27:333-59.
    • (1991) Journal of Monetary Economics , vol.27 , pp. 333-359
    • Bohn, H.1
  • 12
  • 14
    • 0038771853 scopus 로고
    • Causality analysis and multivariate autoregressive modelling with an application to supermarket sales analysis
    • Caines, P. E., C. W. Keng, and S. P. Sethi. 1981. Causality analysis and multivariate autoregressive modelling with an application to supermarket sales analysis. Journal of Economic Dynamics and Control 5:267-98.
    • (1981) Journal of Economic Dynamics and Control , vol.5 , pp. 267-298
    • Caines, P.E.1    Keng, C.W.2    Sethi, S.P.3
  • 15
    • 0036329185 scopus 로고    scopus 로고
    • Tax-and-spend, spend-ant-tax, or fiscal synchronization: New evidence for ten countries
    • Chang, T., W. R. Liu, and S.B. Caudill. 2002. Tax-and-spend, spend-ant-tax, or fiscal synchronization: New evidence for ten countries. Applied Economics 34:1553-61.
    • (2002) Applied Economics , vol.34 , pp. 1553-1561
    • Chang, T.1    Liu, W.R.2    Caudill, S.B.3
  • 16
    • 20444475847 scopus 로고    scopus 로고
    • Causality between taxes and expenditures: Evidence from Latin American countries
    • Cheng, B. S. 1999. Causality between taxes and expenditures: Evidence from Latin American countries. Journal of Economics and Finance 23(2): 184-92.
    • (1999) Journal of Economics and Finance , vol.23 , Issue.2 , pp. 184-192
    • Cheng, B.S.1
  • 17
    • 0042473833 scopus 로고
    • Expenditures and receipts in state and local government finances: Comment
    • Chowdhury, A. R. 1988. Expenditures and receipts in state and local government finances: Comment. Public Choice 59:277-85.
    • (1988) Public Choice , vol.59 , pp. 277-285
    • Chowdhury, A.R.1
  • 18
    • 0005437593 scopus 로고    scopus 로고
    • The revenues-expenditures nexus: Panel data evidence from Swedish municipalities
    • Dahlberg, M., and E. Johansson. 1998. The revenues-expenditures nexus: Panel data evidence from Swedish municipalities. Applied Economics 30:1379-86.
    • (1998) Applied Economics , vol.30 , pp. 1379-1386
    • Dahlberg, M.1    Johansson, E.2
  • 19
    • 0032381071 scopus 로고    scopus 로고
    • Tax and spend, or spend and tax? An inquiry into the Turkisk budgetary process
    • Darrat, A. 1998. Tax and spend, or spend and tax? An inquiry into the Turkisk budgetary process. Southern Economic Journal 64 (4): 940-56.
    • (1998) Southern Economic Journal , vol.64 , Issue.4 , pp. 940-956
    • Darrat, A.1
  • 20
    • 0036019294 scopus 로고    scopus 로고
    • Budget balance through spending cuts or tax adjustments?
    • _. 2002. Budget balance through spending cuts or tax adjustments? Contemporary Economic Policy 20 (3): 221-33.
    • (2002) Contemporary Economic Policy , vol.20 , Issue.3 , pp. 221-233
  • 21
    • 0346729068 scopus 로고
    • The intertemporal government budget constraint: An application for the Netherlands
    • De Haan, J., and C. L. Siermann. 1993. The intertemporal government budget constraint: An application for the Netherlands. Public Finance 48 (2): 243-49.
    • (1993) Public Finance , vol.48 , Issue.2 , pp. 243-249
    • De Haan, J.1    Siermann, C.L.2
  • 22
    • 43949149874 scopus 로고    scopus 로고
    • The political economy of fiscal restrictions: Implications for Europe from the United States
    • Eichengreen, B., and T. Bayoumi. 1994. The political economy of fiscal restrictions: Implications for Europe from the United States. European Economic Review 38:783-91.
    • (1994) European Economic Review , vol.38 , pp. 783-791
    • Eichengreen, B.1    Bayoumi, T.2
  • 23
    • 0000013567 scopus 로고
    • Co-integration and error correction: Representation, estimation, and testing
    • Engle, R. F., and C. W. J. Granger. 1987. Co-integration and error correction: Representation, estimation, and testing. Econometrica (March): 251-76.
    • (1987) Econometrica , Issue.MARCH , pp. 251-276
    • Engle, R.F.1    Granger, C.W.J.2
  • 24
    • 45949119851 scopus 로고
    • Forecasting and testing in cointegrated systems
    • Engle, R. F., and B. S. Yoo. 1987. Forecasting and testing in cointegrated systems. Journal of Econometrics 35:143-59.
    • (1987) Journal of Econometrics , vol.35 , pp. 143-159
    • Engle, R.F.1    Yoo, B.S.2
  • 25
    • 13444307544 scopus 로고    scopus 로고
    • Government revenue-expenditure nexus: Evidence from Latin America
    • Ewing, B. T., and J. E. Payne. 1998. Government revenue-expenditure nexus: Evidence from Latin America. Journal of Economic Development 23 (2): 57-69.
    • (1998) Journal of Economic Development , vol.23 , Issue.2 , pp. 57-69
    • Ewing, B.T.1    Payne, J.E.2
  • 26
    • 84884092622 scopus 로고
    • The limitations of tax limitation
    • Friedman, M. 1978. The limitations of tax limitation. Policy Review (summer): 7-14.
    • (1978) Policy Review , Issue.SUMMER , pp. 7-14
    • Friedman, M.1
  • 27
    • 0141597294 scopus 로고    scopus 로고
    • Balancing budget through tax increases or expenditure cuts: Is it neutral?
    • Garcia, S., and P. Y. Henin. 1999. Balancing budget through tax increases or expenditure cuts: Is it neutral? Economic Modelling 16:591-612.
    • (1999) Economic Modelling , vol.16 , pp. 591-612
    • Garcia, S.1    Henin, P.Y.2
  • 28
    • 0000351727 scopus 로고
    • Investigating causal relationships by econometric models and cross spectral methods
    • Granger, C. W. J. 1969. Investigating causal relationships by econometric models and cross spectral methods. Econometrica (July): 424-38.
    • (1969) Econometrica , Issue.JULY , pp. 424-438
    • Granger, C.W.J.1
  • 30
    • 0000309744 scopus 로고
    • Small sample properties of three tests of Granger-causal ordering in a bivariate stochastic system
    • Guilkey, D. K., and M. K. Salemi. 1982. Small sample properties of three tests of Granger-causal ordering in a bivariate stochastic system. Review of Economics and Statistics (November): 668-80.
    • (1982) Review of Economics and Statistics , Issue.NOVEMBER , pp. 668-680
    • Guilkey, D.K.1    Salemi, M.K.2
  • 31
    • 84977368332 scopus 로고
    • Is the budget deficit too large?
    • Hakkio, C. S., and M. Rush. 1991. Is the budget deficit too large? Economic Inquiry 29:429-45.
    • (1991) Economic Inquiry , vol.29 , pp. 429-445
    • Hakkio, C.S.1    Rush, M.2
  • 32
    • 0000481916 scopus 로고
    • On the limitations of government borrowing: A framework for testing
    • Hamilton, J. D., and M. A. Flavin. 1986. On the limitations of government borrowing: A framework for testing. American Economic Review 76:808-19.
    • (1986) American Economic Review , vol.76 , pp. 808-819
    • Hamilton, J.D.1    Flavin, M.A.2
  • 33
    • 0009866468 scopus 로고    scopus 로고
    • Tax then spend or spend then tax? Experience in the UK, 1961-1993
    • Hasan, M., and I. Lincoln. 1997. Tax then spend or spend then tax? Experience in the UK, 1961-1993. Applied Economics Letters 4:237-39.
    • (1997) Applied Economics Letters , vol.4 , pp. 237-239
    • Hasan, M.1    Lincoln, I.2
  • 34
    • 20444486261 scopus 로고
    • Short and long-run dynamics of expenditures and revenues and the government budget constraint: Further evidence
    • Hasan, S. Y., and A. H. Sukar. 1995. Short and long-run dynamics of expenditures and revenues and the government budget constraint: Further evidence. Journal of Economics 22 (2): 35-42.
    • (1995) Journal of Economics , vol.22 , Issue.2 , pp. 35-42
    • Hasan, S.Y.1    Sukar, A.H.2
  • 35
    • 0000111731 scopus 로고    scopus 로고
    • The causal nexus of government spending and revenue in Finland: A bootstrap approach
    • Hatemi-j, A., and G. Shukur. 1999. The causal nexus of government spending and revenue in Finland: A bootstrap approach. Applied Economics Letters 6:641-44.
    • (1999) Applied Economics Letters , vol.6 , pp. 641-644
    • Hatemi-J, A.1    Shukur, G.2
  • 36
    • 0002072992 scopus 로고
    • Cointegration and government borrowing constraints: Evidence for the United States
    • Haug, A. A. 1991. Cointegration and government borrowing constraints: Evidence for the United States. Journal of Business and Economic Statistics 9(1): 197-201.
    • (1991) Journal of Business and Economic Statistics , vol.9 , Issue.1 , pp. 197-201
    • Haug, A.A.1
  • 37
    • 84977382711 scopus 로고
    • Has federal budget deficit policy changed in recent years?
    • _. 1995. Has federal budget deficit policy changed in recent years? Economic Inquiry 33:104-18.
    • (1995) Economic Inquiry , vol.33 , pp. 104-118
  • 38
    • 0002331476 scopus 로고
    • On the formulation of empirical models in dynamic econometrics
    • Hendry, D. F., and J. F. Richard. 1982. On the formulation of empirical models in dynamic econometrics. Journal of Econometrics 20:3-33.
    • (1982) Journal of Econometrics , vol.20 , pp. 3-33
    • Hendry, D.F.1    Richard, J.F.2
  • 39
    • 0002816448 scopus 로고
    • Estimating vector autoregressions with panel data
    • Holtz-Eakin, D., W. Newey, and H. S. Rosen. 1988. Estimating vector autoregressions with panel data. Econometrica 56 (6): 1371-95.
    • (1988) Econometrica , vol.56 , Issue.6 , pp. 1371-1395
    • Holtz-Eakin, D.1    Newey, W.2    Rosen, H.S.3
  • 40
    • 0024782558 scopus 로고
    • The revenues-expenditures nexus: Evidence from local government data
    • _. 1989. The revenues-expenditures nexus: Evidence from local government data. International Economic Review 30 (2): 415-29.
    • (1989) International Economic Review , vol.30 , Issue.2 , pp. 415-429
  • 41
    • 21444437705 scopus 로고    scopus 로고
    • An examination of the causal relationship between government spending and revenue: A cointegration analysis
    • Hondroyiannis, G., and E. Papapetrou. 1996. An examination of the causal relationship between government spending and revenue: A cointegration analysis. Public Choice 89 (3-4): 363-74.
    • (1996) Public Choice , vol.89 , Issue.3-4 , pp. 363-374
    • Hondroyiannis, G.1    Papapetrou, E.2
  • 42
    • 0000264213 scopus 로고
    • Causation, spending, and taxes: Sand in the sandbox or tax collector for the welfare state?
    • Hoover, K. D., and S. M. Sheffrin. 1992. Causation, spending, and taxes: Sand in the sandbox or tax collector for the welfare state? American Economic Review 82 (1): 225-48.
    • (1992) American Economic Review , vol.82 , Issue.1 , pp. 225-248
    • Hoover, K.D.1    Sheffrin, S.M.2
  • 43
    • 5844348956 scopus 로고
    • Autoregressive modelling and money-income causality detection
    • Hsaio, C. 1981. Autoregressive modelling and money-income causality detection. Journal of Monetary Economics (July): 85-106.
    • (1981) Journal of Monetary Economics , Issue.JULY , pp. 85-106
    • Hsaio, C.1
  • 44
    • 38249008264 scopus 로고
    • Government revenue, expenditure, and national income: A Granger causal analysis of the case of Taiwan
    • Huang, C., and D. P. Tang. 1992. Government revenue, expenditure, and national income: A Granger causal analysis of the case of Taiwan. China Economic Review 3(2): 135-48.
    • (1992) China Economic Review , vol.3 , Issue.2 , pp. 135-148
    • Huang, C.1    Tang, D.P.2
  • 46
    • 20444485419 scopus 로고    scopus 로고
    • Structural break, unit root, and the causality between government expenditures and revenues
    • Islam, M. Q. 2001. Structural break, unit root, and the causality between government expenditures and revenues. Applied Economics Letters 8:565-67.
    • (2001) Applied Economics Letters , vol.8 , pp. 565-567
    • Islam, M.Q.1
  • 48
    • 84981579311 scopus 로고
    • Maximum likelihood estimation and inference on cointegration: With applications to the demand for money
    • Johansen, S., and K. Juselius. 1990. Maximum likelihood estimation and inference on cointegration: With applications to the demand for money. Oxford Bulletin of Economics and Statistics (May): 169-210.
    • (1990) Oxford Bulletin of Economics and Statistics , Issue.MAY , pp. 169-210
    • Johansen, S.1    Juselius, K.2
  • 49
    • 0346098475 scopus 로고
    • La soutenabilite de la politique budgetaire
    • Jondeau, E. 1992. La soutenabilite de la politique budgetaire. Economie et Prevision 104:1-17.
    • (1992) Economie et Prevision , vol.104 , pp. 1-17
    • Jondeau, E.1
  • 50
    • 44949271380 scopus 로고
    • Federal government expenditures and revenues in the early years of the American republic: Evidence from 1792-1860
    • Jones, J. D., and D. Joulfaian. 1991. Federal government expenditures and revenues in the early years of the American republic: Evidence from 1792-1860. Journal of Macroeconomics 13 (1): 133-55.
    • (1991) Journal of Macroeconomics , vol.13 , Issue.1 , pp. 133-155
    • Jones, J.D.1    Joulfaian, D.2
  • 51
    • 0041472159 scopus 로고
    • The government revenue-expenditure nexus: Evidence from a state
    • Joulfaian, D., and R. Mookerjee. 1990a. The government revenue-expenditure nexus: Evidence from a state. Public Finance Quarterly 18(1): 92-103.
    • (1990) Public Finance Quarterly , vol.18 , Issue.1 , pp. 92-103
    • Joulfaian, D.1    Mookerjee, R.2
  • 52
    • 0012803085 scopus 로고
    • The intertemporal relationship between state and local government revenues and expenditures: Evidence from OECD countries
    • _. 1990b. The intertemporal relationship between state and local government revenues and expenditures: Evidence from OECD countries. Public Finance 45 (1): 109-17.
    • (1990) Public Finance , vol.45 , Issue.1 , pp. 109-117
  • 53
    • 0346098485 scopus 로고
    • Dynamics of government revenues and expenditures in industrial economies
    • _. 1991. Dynamics of government revenues and expenditures in industrial economies. Applied Economics 23 (12): 1839-44.
    • (1991) Applied Economics , vol.23 , Issue.12 , pp. 1839-1844
  • 54
    • 0346729054 scopus 로고    scopus 로고
    • Spending and revenues in Greece: New evidence from error correction modelling
    • Katrakilidis, C. P. 1997. Spending and revenues in Greece: New evidence from error correction modelling. Applied Economics Letters 4 (6): 387-91.
    • (1997) Applied Economics Letters , vol.4 , Issue.6 , pp. 387-391
    • Katrakilidis, C.P.1
  • 55
    • 20444459175 scopus 로고
    • The causal relationship between revenues and expenditures: A developing country case study
    • Kimenyi, M.S. 1990. The causal relationship between revenues and expenditures: A developing country case study. Journal of Public Finance and Public Choice 8 (1): 3-11.
    • (1990) Journal of Public Finance and Public Choice , vol.8 , Issue.1 , pp. 3-11
    • Kimenyi, M.S.1
  • 56
    • 3042868840 scopus 로고
    • The causal relationship between tax revenues and government spending in Greece: 1950-1990
    • Kollias, C., and S. Makrydakis. 1995. The causal relationship between tax revenues and government spending in Greece: 1950-1990. Cyprus Journal of Economics 8 (2): 120-35.
    • (1995) Cyprus Journal of Economics , vol.8 , Issue.2 , pp. 120-135
    • Kollias, C.1    Makrydakis, S.2
  • 57
    • 0034127942 scopus 로고    scopus 로고
    • Tax and spend or spend and tax? Empirical evidence from Greece, Spain, Portugal, and Ireland
    • _. 2000. Tax and spend or spend and tax? Empirical evidence from Greece, Spain, Portugal, and Ireland. Applied Economics 32 (5): 533-46.
    • (2000) Applied Economics , vol.32 , Issue.5 , pp. 533-546
  • 58
    • 0347359453 scopus 로고
    • Tax and spend or spend and tax? An empirical investigation for Austria
    • Koren, S., and A. Stiassny. 1995. Tax and spend or spend and tax? An empirical investigation for Austria. Empirica 22 (2): 127-49.
    • (1995) Empirica , vol.22 , Issue.2 , pp. 127-149
    • Koren, S.1    Stiassny, A.2
  • 59
    • 0032040526 scopus 로고    scopus 로고
    • Tax and spend, or spend and tax? An international study
    • _. 1998. Tax and spend, or spend and tax? An international study. Journal of Policy Modeling 20 (2): 163-91.
    • (1998) Journal of Policy Modeling , vol.20 , Issue.2 , pp. 163-191
  • 60
    • 38249031222 scopus 로고
    • Long run limits on the U.S. federal debt
    • Kremers, J. M. J. 1988. Long run limits on the U.S. federal debt. Economics Letters 28:259-62.
    • (1988) Economics Letters , vol.28 , pp. 259-262
    • Kremers, J.M.J.1
  • 61
    • 38249025292 scopus 로고
    • U.S. federal indebtedness and the conduct of fiscal policy
    • _. 1989. U.S. federal indebtedness and the conduct of fiscal policy. Journal of Monetary Economics 23:219-38.
    • (1989) Journal of Monetary Economics , vol.23 , pp. 219-238
  • 62
    • 43949149874 scopus 로고    scopus 로고
    • The political economy of fiscal restrictions: Implications for Europe from the United States
    • Lane, P., and A. Tornell. 1998. The political economy of fiscal restrictions: Implications for Europe from the United States. European Economic Review 38:783-91.
    • (1998) European Economic Review , vol.38 , pp. 783-791
    • Lane, P.1    Tornell, A.2
  • 63
    • 84977398528 scopus 로고
    • Friedman tax cuts vs. Buchanan deficit reduction as the best way of constraining government
    • Lee, D. R., and R. K. Vedder. 1992. Friedman tax cuts vs. Buchanan deficit reduction as the best way of constraining government. Economic Inquiry 30:722-32.
    • (1992) Economic Inquiry , vol.30 , pp. 722-732
    • Lee, D.R.1    Vedder, R.K.2
  • 64
    • 0035085521 scopus 로고    scopus 로고
    • Government revenue, government expenditure, and temporal causality: Evidence from China
    • Li, X. 2001. Government revenue, government expenditure, and temporal causality: Evidence from China. Applied Economics 33:485-97.
    • (2001) Applied Economics , vol.33 , pp. 485-497
    • Li, X.1
  • 65
    • 0000685408 scopus 로고
    • Non-causality due to omitted variables
    • Lutkepohl, H. 1982. Non-causality due to omitted variables. Journal of Econometrics 19:367-78.
    • (1982) Journal of Econometrics , vol.19 , pp. 367-378
    • Lutkepohl, H.1
  • 66
    • 0001698091 scopus 로고
    • The causal relation between federal expenditures and receipts
    • Manage, N., and M. L. Marlow. 1986. The causal relation between federal expenditures and receipts. Southern Economic Journal 52:617-29.
    • (1986) Southern Economic Journal , vol.52 , pp. 617-629
    • Manage, N.1    Marlow, M.L.2
  • 67
    • 0000693154 scopus 로고
    • Expenditures and receipts: Testing for causality in state and local government finances
    • Marlow, M. L., and N. Manage. 1987. Expenditures and receipts: Testing for causality in state and local government finances. Public Choice 53:243-55.
    • (1987) Public Choice , vol.53 , pp. 243-255
    • Marlow, M.L.1    Manage, N.2
  • 68
    • 0042473834 scopus 로고
    • Expenditures and receipts in state and local government finances: Reply
    • _. 1988. Expenditures and receipts in state and local government finances: Reply. Public Choice 59:287-90.
    • (1988) Public Choice , vol.59 , pp. 287-290
  • 70
    • 0001284716 scopus 로고
    • Co-integration and error-correction models: The temporal causality between government taxes and spending
    • Miller, S. M., and F. S. Russek. 1989. Co-integration and error-correction models: The temporal causality between government taxes and spending. Southern Economic Journal 57:221-29.
    • (1989) Southern Economic Journal , vol.57 , pp. 221-229
    • Miller, S.M.1    Russek, F.S.2
  • 71
    • 20444479165 scopus 로고    scopus 로고
    • Causality between government expenditure and revenue in Malaysia
    • Mithani, D. M., and G. S. Khoon. 1999. Causality between government expenditure and revenue in Malaysia. ASEAN Economic Bulletin 16(1): 68-79.
    • (1999) ASEAN Economic Bulletin , vol.16 , Issue.1 , pp. 68-79
    • Mithani, D.M.1    Khoon, G.S.2
  • 72
    • 0348224419 scopus 로고    scopus 로고
    • Taxing, spending, and the budget process: The role of budget regimes in the intertemporal budget constraint
    • Mounts, W. S., and C. Sowell. 1997. Taxing, spending, and the budget process: The role of budget regimes in the intertemporal budget constraint. Swiss Journal of Economics and Statistics 133 (3): 421-39.
    • (1997) Swiss Journal of Economics and Statistics , vol.133 , Issue.3 , pp. 421-439
    • Mounts, W.S.1    Sowell, C.2
  • 73
    • 0009838847 scopus 로고
    • Principles of budget determination
    • edited by H. Cameron and W. Henderson. New York: Random House
    • Musgrave, R. 1966. Principles of budget determination. In Public finance: Selected readings, edited by H. Cameron and W. Henderson. New York: Random House.
    • (1966) Public Finance: Selected Readings
    • Musgrave, R.1
  • 74
    • 0001791774 scopus 로고
    • The causal relationship between taxes and expenditures in the G7 countries: Cointegration and error correction models
    • Owoye, O. 1995. The causal relationship between taxes and expenditures in the G7 countries: Cointegration and error correction models. Applied Economics Letters 2:19-22.
    • (1995) Applied Economics Letters , vol.2 , pp. 19-22
    • Owoye, O.1
  • 75
    • 20444479533 scopus 로고    scopus 로고
    • Granger causality between government revenues and expenditures in Korea
    • Park, W. K. 1998. Granger causality between government revenues and expenditures in Korea. Joumal of Economic Development 23 (1): 145-55.
    • (1998) Joumal of Economic Development , vol.23 , Issue.1 , pp. 145-155
    • Park, W.K.1
  • 76
    • 0031430028 scopus 로고    scopus 로고
    • International evidence on the sustainability of budget deficits
    • Payne, J. E. 1997a. International evidence on the sustainability of budget deficits. Applied Economics Letters 4 (12): 775-79.
    • (1997) Applied Economics Letters , vol.4 , Issue.12 , pp. 775-779
    • Payne, J.E.1
  • 77
    • 0009863925 scopus 로고    scopus 로고
    • The tax-spend debate: The case of Canada
    • _. 1997b. The tax-spend debate: The case of Canada. Applied Economics Letters 4 (6): 381-86.
    • (1997) Applied Economics Letters , vol.4 , Issue.6 , pp. 381-386
  • 78
    • 0032345413 scopus 로고    scopus 로고
    • The tax-spend debate: Time series evidence from state budgets
    • _. 1998. The tax-spend debate: Time series evidence from state budgets. Public Choice 95 (3-4): 307-20.
    • (1998) Public Choice , vol.95 , Issue.3-4 , pp. 307-320
  • 79
    • 84970417466 scopus 로고
    • Approaches to the analysis of government expenditure growth
    • Peacock, A. T., and J. Wiseman. 1979. Approaches to the analysis of government expenditure growth. Public Finance Quarterly 7:3-23.
    • (1979) Public Finance Quarterly , vol.7 , pp. 3-23
    • Peacock, A.T.1    Wiseman, J.2
  • 80
    • 0000206660 scopus 로고
    • State responses to fiscal crises: The effects of budgetary institutions and politics
    • Poterba, J. 1994. State responses to fiscal crises: The effects of budgetary institutions and politics. Journal of Political Economy 102:798-821.
    • (1994) Journal of Political Economy , vol.102 , pp. 798-821
    • Poterba, J.1
  • 81
    • 5744232510 scopus 로고
    • Testing for causality between government spending and taxation
    • Provopoulos, G., and A. Zambaras. 1991. Testing for causality between government spending and taxation. Public Choice 68 (1-3): 277-82.
    • (1991) Public Choice , vol.68 , Issue.1-3 , pp. 277-282
    • Provopoulos, G.1    Zambaras, A.2
  • 82
    • 0000691502 scopus 로고
    • Additional evidence on causality between government revenue and government expenditure
    • Ram, R. 1988a. Additional evidence on causality between government revenue and government expenditure. Southern Economic Journal 54:763-69.
    • (1988) Southern Economic Journal , vol.54 , pp. 763-769
    • Ram, R.1
  • 83
    • 0010157754 scopus 로고
    • A multicountry perspective on causality between government revenue and government expenditure
    • _. 1988b. A multicountry perspective on causality between government revenue and government expenditure. Public Finance 43 (2): 261-69.
    • (1988) Public Finance , vol.43 , Issue.2 , pp. 261-269
  • 84
    • 20444477218 scopus 로고
    • Idealism in public choice theory
    • Roberts, P. C. 1978. Idealism in public choice theory. Journal of Monetary Economics (August): 603-16.
    • (1978) Journal of Monetary Economics , Issue.AUGUST , pp. 603-616
    • Roberts, P.C.1
  • 85
    • 0032326135 scopus 로고    scopus 로고
    • A rexamination of budgetary disequilibria
    • Ross, K. L., and J. E. Payne. 1998. A rexamination of budgetary disequilibria. Public Finance Review 26(1): 67-79.
    • (1998) Public Finance Review , vol.26 , Issue.1 , pp. 67-79
    • Ross, K.L.1    Payne, J.E.2
  • 86
    • 0001462080 scopus 로고
    • Money, income, and causality
    • Sims, C. A. 1972. Money, income, and causality. American Economic Review 62:540-52.
    • (1972) American Economic Review , vol.62 , pp. 540-552
    • Sims, C.A.1
  • 87
    • 0000997472 scopus 로고
    • Macroeconomics and reality
    • _. 1980. Macroeconomics and reality. Econometrica 48:1-48.
    • (1980) Econometrica , vol.48 , pp. 1-48
  • 88
    • 84986414335 scopus 로고
    • Persistent deficits and the market value of government debt
    • Smith, G. W., and S. E. Zin. 1991. Persistent deficits and the market value of government debt. Journal of Applied Econometrics 6:31-44.
    • (1991) Journal of Applied Econometrics , vol.6 , pp. 31-44
    • Smith, G.W.1    Zin, S.E.2
  • 89
    • 0035016209 scopus 로고    scopus 로고
    • Output fluctuations and fiscal policy: U.S. state and local governments, 1978-1994
    • Sorensen, B. E., L. Wu, and O. Yosha. 2001. Output fluctuations and fiscal policy: U.S. state and local governments, 1978-1994. European Economic Review 45:1271-310.
    • (2001) European Economic Review , vol.45 , pp. 1271-1310
    • Sorensen, B.E.1    Wu, L.2    Yosha, O.3
  • 90
    • 84977315723 scopus 로고
    • Is the budget deficit "too large"? Some further evidence
    • Tanner, E., and P. Liu. 1994. Is the budget deficit "too large"? Some further evidence. Economic Inquiry 32 (3): 511-18.
    • (1994) Economic Inquiry , vol.32 , Issue.3 , pp. 511-518
    • Tanner, E.1    Liu, P.2
  • 91
    • 45549114624 scopus 로고
    • Common trends, the government's budget constraint, and revenue smoothing
    • Trehan, B., and C. E. Walsh. 1988. Common trends, the government's budget constraint, and revenue smoothing. Journal of Economic Dynamics and Control 12:425-44.
    • (1988) Journal of Economic Dynamics and Control , vol.12 , pp. 425-444
    • Trehan, B.1    Walsh, C.E.2
  • 92
    • 20444482950 scopus 로고    scopus 로고
    • Budget expenditures and revenues: An application of error-correction modelling
    • Vamvoukas, G. 1997a. Budget expenditures and revenues: An application of error-correction modelling. Public Finance 52 (1): 125-38.
    • (1997) Public Finance , vol.52 , Issue.1 , pp. 125-138
    • Vamvoukas, G.1
  • 93
    • 20444463593 scopus 로고    scopus 로고
    • Le relazioni di causalita tra spese ed entrate di bilancio
    • _. 1997b. Le relazioni di causalita tra spese ed entrate di bilancio. Rivista di Politica Economica 87 (5): 77-95.
    • (1997) Rivista di Politica Economica , vol.87 , Issue.5 , pp. 77-95
  • 94
    • 84974159386 scopus 로고
    • Have taxes led government expenditures? The United States as a test case
    • von Furstenberg, G. M., R. J. Green, and J. Jeong. 1985. Have taxes led government expenditures? The United States as a test case. Journal of Public Policy 5 (3): 321-48.
    • (1985) Journal of Public Policy , vol.5 , Issue.3 , pp. 321-348
    • Von Furstenberg, G.M.1    Green, R.J.2    Jeong, J.3
  • 95
    • 0001620266 scopus 로고
    • Tax and spend, or spend and tax?
    • _. 1986. Tax and spend, or spend and tax? Review of Economics and Statistics 68 (2): 179-88.
    • (1986) Review of Economics and Statistics , vol.68 , Issue.2 , pp. 179-188
  • 96
    • 0002955187 scopus 로고
    • Revenue structure, fiscal illusion, and budgetary choice
    • Wagner, R. E. 1976. Revenue structure, fiscal illusion, and budgetary choice. Public Choice (spring): 30-61.
    • (1976) Public Choice , Issue.SPRING , pp. 30-61
    • Wagner, R.E.1
  • 97
    • 0001449154 scopus 로고
    • The sustainability of government deficits: Implications of the present value borrowing constraint
    • Wilcox, D. 1989. The sustainability of government deficits: Implications of the present value borrowing constraint. Journal of Money, Credit, and Banking 21:291-306.
    • (1989) Journal of Money, Credit, and Banking , vol.21 , pp. 291-306
    • Wilcox, D.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.