Recent evidence suggests that there might be an asymmetric process of adjustment towards the long-run equilibrium in government revenue-spending nexus. In this paper, relationship between revenue and spending is examined case Thailand using annual data over period 1991–2019. Specifically, attempt to determine whether linear or nonlinear. doing so, both nonlinear cointegration tests are employed...

BACKGROUND The aim of this study was to examine if government spending is associated with an individual's decision to participate in physical activity and sport which is regarded as healthy behavior given the positive health effects documented in previous research. METHODS Individual-level data (n = 25 243) containing socio-demographic information are combined with national-level data on gove...

In this paper, the government consumption spending effects in a small open economy(SOE), are explored. In a standard active monetary/passive fiscal policy(AM/PF) regime, openness reduces the effectiveness of the government spending on output through the terms of trade decrease. Consumption decreases less than in the closed economy, but this effect is so weak that the output does not rise more t...