The Tax-Spend Debate: Time Series Evidence from State Budgets
AbstractThis paper examines the temporal relationship between revenues and expenditures for the forty-eight contiguous states over an annual period 1942 to 1992. Using an error-correction model, the author finds that the tax-spend hypothesis is supported for twenty-four states. The spend-tax hypothesis is valid for eight states while the fiscal synchronization hypothesis is supported for eleven states. The remaining five states failed the diagnostic tests for error-correction modeling. Copyright 1998 by Kluwer Academic Publishers
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Bibliographic InfoArticle provided by Springer in its journal Public Choice.
Volume (Year): 95 (1998)
Issue (Month): 3-4 (June)
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Web page: http://www.springerlink.com/link.asp?id=100332
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Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- Do More Revenues Lead to More or Less Spending?
by Matt Mitchell in Neighborhood Effects on 2011-08-05 17:33:12
- António Afonso & Christophe Rault, 2009.
"Spend-and-tax: A Panel Data Investigation for the EU,"
CESifo Working Paper Series
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- António Afonso & Christophe Rault, 2009. "Spend-and-tax: a panel data investigation for the EU," Economics Bulletin, AccessEcon, vol. 29(4), pages 2542-2548.
- Bernasconi, Michele & Kirchkamp, Oliver & Paruolo, Paolo, 2004.
"Do fiscal variables affect fiscal expectations? Experiments with real world and lab data,"
Sonderforschungsbereich 504 Publications
04-27, Sonderforschungsbereich 504, Universität Mannheim & Sonderforschungsbereich 504, University of Mannheim.
- Bernasconi, Michele & Kirchkamp, Oliver & Paruolo, Paolo, 2009. "Do fiscal variables affect fiscal expectations? Experiments with real world and lab data," Journal of Economic Behavior & Organization, Elsevier, vol. 70(1-2), pages 253-265, May.
- Oliver Kirchkamp & Michele Bernasconi & Paolo Paruolo, 2006. "Do fiscal variables affect fiscal expectations? Experiments with real world and lab data," CRIEFF Discussion Papers 0608, Centre for Research into Industry, Enterprise, Finance and the Firm.
- Westerlund, Joakim & Mahdavi, Saeid & Firoozi, Fathali, 2011.
"The tax-spending nexus: Evidence from a panel of US state-local governments,"
Elsevier, vol. 28(3), pages 885-890, May.
- Westerlund, Joakim & Mahdavi, Saeid, 2009. "The Tax-Spending Nexus: Evidence from a Panel of US State- Local Governments," Working Papers in Economics 378, University of Gothenburg, Department of Economics.
- Saeid Mahdavi & Joakim Westerlund, . "The Tax Spending Nexus: Evidence from a Panel of US State-Local Governments," Working Papers 0045, College of Business, University of Texas at San Antonio.
- Tahir Sadiq, 2010. "The Causality between Revenues and Expenditure of the Federal and Provincial Governments of Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 49(4), pages 651â662.
- Bertocco Giancarlo & Fanelli Luca & Paruolo Paolo, 2002. "On the determinants of inflation in Italy: evidence of cost-push effects before the European Monetary Union," Economics and Quantitative Methods qf0223, Department of Economics, University of Insubria.
- António Afonso & Christophe Rault, 2009. "Bootstrap panel Granger-causality between government spending and revenue in the EU," William Davidson Institute Working Papers Series wp944, William Davidson Institute at the University of Michigan.
- Douglas Noonan, 2007. "Fiscal pressures, institutional context, and constituents: a dynamic model of states’ arts agency appropriations," Journal of Cultural Economics, Springer, vol. 31(4), pages 293-310, December.
- Denilson Torcate Lopes & André Rebelo & Cleomar Gomes da Silva, 2008. "Arrecadar e Gastar ou Gastar e Arrecadar? Evidências para o Caso Brasileiro," Anais do XXXVI Encontro Nacional de Economia [Proceedings of the 36th Brazilian Economics Meeting] 200807151811030, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics].
- Francisco de Castro & José M. González-Páramo & Pablo Hernández de Cos, 2001. "Evaluating the dynamics of fiscal policy in Spain: patterns of interdependence and consistency of public expenditure and revenues," Banco de Espaï¿½a Working Papers 0103, Banco de Espa�a.
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