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Tax revenues and public investment: Unidirectional or bi-directional causality? Some empirical evidence

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Date Issued:
1999
Summary:
This thesis examines the direction of causality between tax revenues and public investment, using data from the Greek economy. This study applies the methodologies of OLS regression analysis and tests of cointegration to examine the relationship between tax revenues and public investment. In addition, a Vector Autoregressive Model (VAR model) is included in this paper. The empirical results reveal unidirectional causality from tax revenues to public investment which suggests that tax and spending decisions are not made jointly by the Greek fiscal authorities.
Title: Tax revenues and public investment: Unidirectional or bi-directional causality? Some empirical evidence.
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Name(s): Karkalakos, Sotiris G.
Florida Atlantic University, Degree grantor
Yuhn, Ky-hyang, Thesis advisor
Type of Resource: text
Genre: Electronic Thesis Or Dissertation
Date Issued: 1999
Publisher: Florida Atlantic University
Place of Publication: Boca Raton, Fla.
Physical Form: application/pdf
Extent: 83 p.
Language(s): English
Summary: This thesis examines the direction of causality between tax revenues and public investment, using data from the Greek economy. This study applies the methodologies of OLS regression analysis and tests of cointegration to examine the relationship between tax revenues and public investment. In addition, a Vector Autoregressive Model (VAR model) is included in this paper. The empirical results reveal unidirectional causality from tax revenues to public investment which suggests that tax and spending decisions are not made jointly by the Greek fiscal authorities.
Identifier: 9780599211780 (isbn), 15630 (digitool), FADT15630 (IID), fau:12387 (fedora)
Collection: FAU Electronic Theses and Dissertations Collection
Note(s): College of Business
Thesis (M.S.)--Florida Atlantic University, 1999.
Subject(s): Taxation--Greece
Public investments--Greece
Cointegration
Autoregression (Statistics)
Held by: Florida Atlantic University Libraries
Persistent Link to This Record: http://purl.flvc.org/fcla/dt/15630
Sublocation: Digital Library
Use and Reproduction: Copyright © is held by the author, with permission granted to Florida Atlantic University to digitize, archive and distribute this item for non-profit research and educational purposes. Any reuse of this item in excess of fair use or other copyright exemptions requires permission of the copyright holder.
Use and Reproduction: http://rightsstatements.org/vocab/InC/1.0/
Host Institution: FAU
Is Part of Series: Florida Atlantic University Digital Library Collections.