Truth in Government: Beyond the Tax Expenditure Budget

The Causal Relationship between Government Revenue and Expenditure in Jordan

The main purpose of the study is to examine the causal relationship between government revenues and expenditures of the Jordan government over the period from 1990 to 2011 using Granger causality and VECM tests methodology. Which provides channels of causation between government revenues (GR) and government expenditures (GE).The empirical results show that bidirectional causality running betwee...

The Truth About Tax Reform

On the Causal Relationship between Government Expenditure and Tax Revenue in Pakistan

This paper applies the technique of Granger Causality to determine the relationship between total government expenditures and total tax revenue using annual revised estimates. The analysis discovers a firm unidirectional effect from expenditure to revenue suggesting the preference of controlling the spending decisions to reduce the tax revenue-expenditure deficit.

Beyond the Annual Budget Beyond the Annual Budget

This work is a product of the staff of The World Bank with external contributions. Note that The World Bank does not necessarily own each component of the content included in the work. The World Bank therefore does not warrant that the use of the content contained in the work will not infringe on the rights of third parties. The risk of claims resulting from such infringement rests solely with ...

The Causal Relationship between Government Expenditure and Tax Revenue in Barbados

Solving the budget deficit problem is a concern for many countries; some economists emphasized tax increases or tax cuts, while others favour spending cuts. This paper investigates the interrelationship between total government expenditure and total tax revenue in Barbados using both bivariate and multivariate cointegrating models. The technique of Granger Causality is also applied to determine...