Adedeji, Olumuyiwa; Thornton, John - In: Applied Economics Letters 17 (2010) 7, pp. 711-715
Panel cointegration techniques indicate that government revenue (REV) and expenditure (EXP) in a panel of five Asian economies for the period 1974 to 2001 were nonstationary and cointegrated series. However, the cointegration coefficient was significantly less than unity, indicating 'weak'...