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Analyzing the Fiscal Process under a Stochastic Environment: Evidence from Egypt

Listed author(s):
  • Amir Kia

    ()

    (Finance and Economics Department, Utah Valley University)

  • Norman Gardner
Registered author(s):

    This paper investigates the sustainability of the fiscal budgeting process for Egypt, for both stochastic and non-stochastic environments. Both cointegration and multicointegration methodologies were used to evaluate these processes. It was found that the fiscal budgeting process in Egypt is not sustainable in either environment.

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    Paper provided by Economic Research Forum in its series Working Papers with number 475.

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    Length: 16 pages
    Date of creation: Mar 2009
    Date of revision: Mar 2009
    Publication status: Published by The Economic Research Forum (ERF)
    Handle: RePEc:erg:wpaper:475
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