Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/71406 
Year of Publication: 
2013
Citation: 
[Journal:] Economics: The Open-Access, Open-Assessment E-Journal [ISSN:] 1864-6042 [Volume:] 7 [Issue:] 2013-13 [Publisher:] Kiel Institute for the World Economy (IfW) [Place:] Kiel [Year:] 2013 [Pages:] 1-27
Publisher: 
Kiel Institute for the World Economy (IfW), Kiel
Abstract: 
This paper aims to assess the relationship among fiscal variables (government revenue and expenditure) in Sub-Saharan African countries. Using yearly data for the period between 1980 and 2011 in fifteen ECOWAS countries, a weak long-run relationship between government expenditure and revenue emerge, but only in the case of WAMZ countries. Granger causality analysis show mixed results for WAEMU countries, while for four out of six WAMZ countries (Gambia, Liberia, Nigeria, and Sierra Leone) the 'tax-and-spend' hypothesis holds, since government revenue would drive the expenditure.
Subjects: 
ECOWAS
Sub-Saharan Africa
economic growth
government expenditure
government revenue
panel
JEL: 
E62
F33
B22
C33
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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