Fiscal Regime Changes and the Sustainability of Fiscal Imbalance in South Africa: A Smooth Transition Error-Correction Approach
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- Samuel S. Jibao & Niek Schoeman & Ruthira Naraidoo, 2011. "Fiscal regime changes and the sustainability of fiscal imbalance in South Africa; a smooth transition error-correction approach," Working Papers 228, Economic Research Southern Africa.
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More about this item
KeywordsSmooth transition error correction model; Nonlinearity; Government intertemporal budget constraint; Fiscal sustainability;
- C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
- C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
- H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-AFR-2010-10-30 (Africa)
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