The Relationship Between Revenue and Expenditure in the ASEAN Countries

被引:0
作者
Magazzino C. [1 ]
机构
[1] Department of Political Sciences, Roma Tre University, Via G. Chiabrera 199, Rome, 00145, RM
关键词
ASEAN; Economic growth; Government expenditure; Government revenue; Panel; South-East Asia;
D O I
10.1007/s12140-014-9211-5
中图分类号
学科分类号
摘要
The aim of this study is to assess the relationship between revenue and expenditure in the ASEAN countries. Using annual data for the period between 1980 and 2012 in ten member states, a long-run relationship between government expenditure and revenue emerges, both in ASEAN-6 and ASEAN-10 countries. Granger causality analysis shows mixed results, even though for five ASEAN countries the predominance of “tax-and-spend” hypothesis exists, given that government revenue drives the expenditure. Moreover, mixture models seem to produce homogeneous groups, considering the socio-economic structure, welfare state, and historical aspects. Finally, convergence measures show interesting results, confirming the sample’s heterogeneity. © 2014, Springer Science+Business Media Dordrecht.
引用
收藏
页码:203 / 221
页数:18
相关论文
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