Fiscal Sustainability in Flow Model: Panel Cointegration Approach for the EU-28

Fiscal Sustainability in Flow Model: Panel Cointegration Approach for the EU-28

This paper assesses fiscal sustainability in 28 European Union economies in the period 1995- 2018, using panel cointegration analysis for fiscal sustainability testing. The research is based on econometric framework of nonstationary, heterogeneous, and cross-sectional dependent panels, using robust...

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Bibliographic Details
Main Authors: Radmila Dragutinović Mitrović, Olgica Glavaški, Emilija Beker Pucar
Format: Article
Language:English
Published: Ovidius University Press 2019-01-01
Series:Ovidius University Annals: Economic Sciences Series
Subjects:
Fiscal sustainability
Flow models
Panel cointegration
EU-28
Online Access:http://stec.univ-ovidius.ro/html/anale/RO/wp-content/uploads/2019/08/3.pdf

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