Mean reversion of the fiscal conduct in 24 developing countries.
In this paper, we examine the mean reverting behaviour of fiscal deficit by analysing the fiscal position of 24 developing countries. Using annual data over the period 1970–2003 and the series-specific panel unit root test developed by Breuer et al. (Oxford Bulletin of Economics and Statistics, Vol...
| Main Authors: | , |
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| Format: | Article |
| Language: | English English |
| Published: |
Blackwell Publishing Ltd
2010
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| Online Access: | http://psasir.upm.edu.my/id/eprint/15566/1/A%20new%20method%20for%20MR%20grayscale%20inhomogeneity%20correction.pdf |