Is the Ricardian equivalence hypothesis valid? an empirical study for Ethiopia /
There are two main dimensions of dealing with the topic of Ricardian Equivalence Hypothesis (REH) – the Keynesian proposition and the REH itself. According to the REH, today's borrowing to stimulate the economy or tax reduction – a substitution of debt for taxes -does not affect demand and cons...
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| Dokumentumtípus: | Könyv része |
| Megjelent: |
Faculty of Economics and Business Administration Doctoral School in Economics
Szeged
2020
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| Sorozat: | Proceedings of the Central European PhD Workshop on Technological Change and Development
4 |
| Kulcsszavak: | Gazdaságelmélet - Etiópia |
| Tárgyszavak: | |
| Online Access: | http://acta.bibl.u-szeged.hu/77671 |
| LEADER | 01976naa a2200241 i 4500 | ||
|---|---|---|---|
| 001 | acta77671 | ||
| 005 | 20221206122121.0 | ||
| 008 | 221206s2020 hu o 1|| eng d | ||
| 020 | |a 978-963-306-741-3 | ||
| 040 | |a SZTE Egyetemi Kiadványok Repozitórium |b hun | ||
| 041 | |a eng | ||
| 100 | 2 | |a Demissew Beyene Sisay | |
| 245 | 1 | 3 | |a Is the Ricardian equivalence hypothesis valid? |h [elektronikus dokumentum] : |b an empirical study for Ethiopia / |c Demissew Beyene Sisay |
| 260 | |a Faculty of Economics and Business Administration Doctoral School in Economics |b Szeged |c 2020 | ||
| 300 | |a 397-414 | ||
| 490 | 0 | |a Proceedings of the Central European PhD Workshop on Technological Change and Development |v 4 | |
| 520 | 3 | |a There are two main dimensions of dealing with the topic of Ricardian Equivalence Hypothesis (REH) – the Keynesian proposition and the REH itself. According to the REH, today's borrowing to stimulate the economy or tax reduction – a substitution of debt for taxes -does not affect demand and consumption levels. However, the reverse is true for the Keynesian proposition. The objective of this paper is to test the validity of the REH in Ethiopia using annual data running from 1990 to 2011 by employing the bound testing – ARDL approach. The study included three main variables (the budget deficit, government consumption expenditure, and government debt) which contribute to the REH along with another variables. The result shows that government debt failed to fulfil REH. This implies that, in this study, we found limited evidence of the validity of the REH in Ethiopia. | |
| 650 | 4 | |a Társadalomtudományok | |
| 650 | 4 | |a Közgazdasági és gazdálkodástudományok | |
| 695 | |a Gazdaságelmélet - Etiópia | ||
| 700 | 0 | 1 | |a Kotosz Balázs |e aut |
| 711 | |a Central European PhD Workshop on Technological Change and Development |c Szeged |d 2019. április | ||
| 856 | 4 | 0 | |u http://acta.bibl.u-szeged.hu/77671/1/proceedings_of_cepwtcd_2020_397-414.pdf |z Dokumentum-elérés |