An Empirical Study on Correlation between Fiscal Revenue and Fiscal Expenditure in Jiangxi Province
After making an empirical analysis on the fiscal revenue and fiscal expenditure in Jiangxi from 1978 to 2006 by means of co-integration tool, this paper aims to establish and conduct the error-correction model (ECM) established an analysis of Granger causality for the relationship between the fiscal revenue and the fiscal expenditure. The findings show that there is one-way Granger causality between them, and the fiscal expenditure is the Granger cause of the fiscal revenue.
co-integration granger causality unit root test fiscal revenue
ZHAO Chao DENG Qunzhao ZHOU Min
Department of Management Science and Engineering, Nanchang University, Nanchang, Jiangxi, P.R.China, Department of English of school of Foreign Languages of Nanchang University, Nanchang, Jiangxi, P.R. Department of Mathematics of Nanchang University, Nanchang, Jiangxi, P.R.China, 330031
国际会议
威海
英文
507-510
2010-07-24(万方平台首次上网日期,不代表论文的发表时间)