Abstract
A cross-country analysis of fiscal sustainability was conducted using both the cointegration and model-based approaches. The results revealed evidence of fiscal policy sustainability in the Southern African Development Community (SADC), with the existence of cointegration between government revenue and expenditure ratios and a pronounced conditional response of government revenues following a change in government expenditures.
| Original language | English |
|---|---|
| Pages (from-to) | 86-97 |
| Number of pages | 12 |
| Journal | African Finance Journal |
| Volume | 21 |
| Issue number | 1 |
| Publication status | Published - 2019 |
| Externally published | Yes |
Keywords
- Fiscal policy
- Public debt
- SADC
- Sustainability
ASJC Scopus subject areas
- Finance