Expenditures and receipts in state and local government finances: Reply

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Expenditures and Receipts in State and Local Government Finances: Reply

Chowdhury (1988) adopts an alternative technique to test for causality between expenditures and receipts of state and local governments and claims that he obtains results that are different from those reported in our 1987 paper (Marlow and Manage, 1987). We disagree with many of his criticisms. In this reply, we argue that he misinterprets our results and policy implications and that his result...

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ژورنال

عنوان ژورنال: Public Choice

سال: 1988

ISSN: 0048-5829,1573-7101

DOI: 10.1007/bf00118542