Convergence in public expenditures across EU countries: Evidence from club convergence

The goal of the present article is to investigate the degree of convergence in public expenditures for a panel of 17 European Union member countries spanning the period 1990 to 2012. We apply the methodology of Phillips and Sul (2007) various categories of public expenditures to assess the existence of convergence clubs. Overall, the results do not support the hypothesis that all countries converge to a single equilibrium state in various public expenditures.

MoreLess

Year of publication:	2013
Authors:	Apergis, Nicholas ; Christou, Christina ; Hassapis, Christis
Published in:	Economics & Finance Research. - Abingdon : Taylor & Francis, ISSN 2164-9499. - Vol. 1.2013, 1, p. 45-59
Publisher:	Abingdon : Taylor & Francis

More details

Type of publication:	Article
Type of publication (narrower categories):	Article
Language:	English
Other identifiers:	10.1080/21649480.2013.862735 [DOI] 816545812 [GVK] hdl:10419/147692 [Handle]
Source:	EconStor

Persistent link: https://www.econbiz.de/10011559097