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Bibliographische Detailangaben
Beteilige Person: Wang, Qing (VerfasserIn)
Format: Elektronisch E-Book
Sprache:Englisch
Veröffentlicht: Washington, D.C International Monetary Fund 2002
Schriftenreihe:IMF Working Papers Working Paper No. 02/201
Links:http://elibrary.imf.org/view/IMF001/06765-9781451874365/06765-9781451874365/06765-9781451874365.xml
http://elibrary.imf.org/view/IMF001/06765-9781451874365/06765-9781451874365/06765-9781451874365.xml
http://elibrary.imf.org/view/IMF001/06765-9781451874365/06765-9781451874365/06765-9781451874365.xml
http://elibrary.imf.org/view/IMF001/06765-9781451874365/06765-9781451874365/06765-9781451874365.xml
http://elibrary.imf.org/view/IMF001/06765-9781451874365/06765-9781451874365/06765-9781451874365.xml
http://elibrary.imf.org/view/IMF001/06765-9781451874365/06765-9781451874365/06765-9781451874365.xml
http://elibrary.imf.org/view/IMF001/06765-9781451874365/06765-9781451874365/06765-9781451874365.xml
http://elibrary.imf.org/view/IMF001/06765-9781451874365/06765-9781451874365/06765-9781451874365.xml
http://elibrary.imf.org/view/IMF001/06765-9781451874365/06765-9781451874365/06765-9781451874365.xml
http://elibrary.imf.org/view/IMF001/06765-9781451874365/06765-9781451874365/06765-9781451874365.xml
http://elibrary.imf.org/view/IMF001/06765-9781451874365/06765-9781451874365/06765-9781451874365.xml
http://elibrary.imf.org/view/IMF001/06765-9781451874365/06765-9781451874365/06765-9781451874365.xml
http://elibrary.imf.org/view/IMF001/06765-9781451874365/06765-9781451874365/06765-9781451874365.xml
http://elibrary.imf.org/view/IMF001/06765-9781451874365/06765-9781451874365/06765-9781451874365.xml
http://elibrary.imf.org/view/IMF001/06765-9781451874365/06765-9781451874365/06765-9781451874365.xml
http://elibrary.imf.org/view/IMF001/06765-9781451874365/06765-9781451874365/06765-9781451874365.xml
http://elibrary.imf.org/view/IMF001/06765-9781451874365/06765-9781451874365/06765-9781451874365.xml
http://elibrary.imf.org/view/IMF001/06765-9781451874365/06765-9781451874365/06765-9781451874365.xml
http://elibrary.imf.org/view/IMF001/06765-9781451874365/06765-9781451874365/06765-9781451874365.xml
http://elibrary.imf.org/view/IMF001/06765-9781451874365/06765-9781451874365/06765-9781451874365.xml
http://elibrary.imf.org/view/IMF001/06765-9781451874365/06765-9781451874365/06765-9781451874365.xml
Abstract:The paper examines the direction of causality between total government expenditure and revenue in oil-dependent GCC countries by utilizing a cointegration and error-correction modeling framework, and by calculating a variance decomposition analysis. In addition, it presents impulse responses to shed light on the dynamic relation of expenditure to a revenue shock. The results confirm expectations that government spending follows oil revenue, suggesting a pro-cyclical expenditure policy to variations in oil revenue. To make budget expenditure less driven by revenue availability, the authorities could resort to a medium-term expenditure framework, so that expenditures can be planned and insulated from volatile short-term revenue availability
Umfang:1 Online-Ressource (27 p)
ISBN:1451874367
9781451874365