Testing Stationarity of Budgetary Position in Developing Countries
In this paper, we examine stationarity properties of data on budget deficits for a cluster of twenty-seven developing countries (D-27) for the period spanning 1970 to 2003. It has been argued in the literature that this statistical property correlates well with the economic property of sustainabi...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Econometric Research Association
2009-09-01
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| Series: | International Econometric Review |
| Subjects: | |
| Online Access: | http://www.era.org.tr/makaleler/258008.pdf |