Tax-and-spend, spend-and-tax or fiscal synchronization ? Evidence from Burundi, pp. 170-195

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dc.contributor.authorNDORICIMPA Arcade
dc.date.accessioned2024-04-15T12:04:41Z
dc.date.available2024-04-15T12:04:41Z
dc.date.issued2011-01
dc.description.abstractThis paper applies Granger Causality Tests based on Toda-Yamamoto procedure and VECM framework, to detemune the relationship between Government Spending and Gov,ernment Taxes in Burundi using recent monthly data during the period 1996:1-2009:3. The empirical analysis discovered a firm positive unidirectional causality from Government Tax to Gov,ernment spending, supporting hence the Friedtnan's (1978) version of Tax- and-Spend Hypothesis for Burundi. The empirical findings suggest therefore that, in Burundi, unsustainable budget deficits can be mitigated by policies that cut government taxes.
dc.identifier.citationNDORICIMPA Arcade, Tax-and-spend, spend-and-tax or fiscal synchronization ? Evidence from Burundi, pp. 170-195, Cahiers du CURDES n° 12, Janvier 2011.
dc.identifier.urihttps://repository.ub.edu.bi/handle/123456789/678
dc.language.isofr
dc.publisherUB, Cahiers du CURDES
dc.titleTax-and-spend, spend-and-tax or fiscal synchronization ? Evidence from Burundi, pp. 170-195
dc.typeArticle
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