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Keywords: Time-variation
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Journal Articles
Journal of Economic and Administrative Sciences (2024) 40 (5): 1169–1191.
Published: 26 April 2022
... data. Second, to examine the existence of a level relationship between spending and revenue, the study uses cointegration tests which allow capturing time-variation in the cointegrating slope coefficient, and accounting for asymmetries in the relationship between government spending and revenue...
