The Revenue-Expenditure Nexus: the experience of 13 African countries

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Periodical article

Title:	The Revenue-Expenditure Nexus: the experience of 13 African countries
Author:	Wolde-Rufael, Yemane
Year:	2008
Periodical:	African Development Review
Volume:	20
Issue:	2
Pages:	273-283
Language:	English
Geographic term:	Africa
Subjects:	public expenditure public revenue
External link:	https://onlinelibrary.wiley.com/doi/10.1111/j.1467-8268.2008.00185.x/pdf
Abstract:	This paper investigates the causal relationship between government revenue and government expenditure for 13 African countries within a multivariate framework using a modified version of the Granger causality test due to Toda and Yamamoto (1995). The empirical evidence suggests that there was a bi-directional causality running between expenditure and revenue for Mauritius, Swaziland and Zimbabwe; no causality in any direction for Botswana, Burundi and Rwanda; unidirectional causality running from revenue to expenditure for Ethiopia, Ghana, Kenya, Nigeria, Mali and Zambia; and a uni-directional causality running from expenditure to revenue for Burkina Faso only. Bibliogr., sum. [Journal abstract]