Volume 10, Issue 3, March 2015, Pages 844–857
Accounting, Economics and Financial Management Conference (AEFMC 2014), Iran 26-27 October 2014
Abbas Ali Rezaei1
1 Organization of Economic affairs and Finance In Sistan & Balouchestan, Foreign Investment Service Center / Zahedan, Iran
Original language: English
Copyright © 2015 ISSR Journals. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
The relationship between revenue and government expenditure is an important subject in public economics especially for Iran country, which is suffering from persistent budget deficits. From point of view of theoretical studies, there are essentially four schools of thought on the direction of causation between government expenditure and revenue. The main purpose of this study is to investigate the Long and short Run relationship between government revenue and government expenditure in Iran Country covering data 1978- 2012 with using An Auto Regressive Distributive Lag (ARDL) Approach. The Iranian economy has been subject to a multitude of structural changes and regime shifts during the sample period. First, time series properties of the data are first analysed by Augmented Dickey-Fuller (ADF), Zivot-Andrews and Lee
Author Keywords: structural break, Toda-Yamamoto approach, ARDL technique, and Iranian economy.
Accounting, Economics and Financial Management Conference (AEFMC 2014), Iran 26-27 October 2014
Abbas Ali Rezaei1
1 Organization of Economic affairs and Finance In Sistan & Balouchestan, Foreign Investment Service Center / Zahedan, Iran
Original language: English
Copyright © 2015 ISSR Journals. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Abstract
The relationship between revenue and government expenditure is an important subject in public economics especially for Iran country, which is suffering from persistent budget deficits. From point of view of theoretical studies, there are essentially four schools of thought on the direction of causation between government expenditure and revenue. The main purpose of this study is to investigate the Long and short Run relationship between government revenue and government expenditure in Iran Country covering data 1978- 2012 with using An Auto Regressive Distributive Lag (ARDL) Approach. The Iranian economy has been subject to a multitude of structural changes and regime shifts during the sample period. First, time series properties of the data are first analysed by Augmented Dickey-Fuller (ADF), Zivot-Andrews and Lee
Author Keywords: structural break, Toda-Yamamoto approach, ARDL technique, and Iranian economy.
How to Cite this Article
Abbas Ali Rezaei, “Tax-Spend, Spend-Tax or Fiscal synchronization hypothesis: Evidence from Iran,” International Journal of Innovation and Applied Studies, vol. 10, no. 3, pp. 844–857, March 2015.
