Budget deficits, investment and economic growth: a panel cointegration approach

Budget deficits, investment and economic growth: a panel cointegration approach

This paper discusses the political economy of budget deficits among the BRICS nations between 1997 and 2016 using a panel cointegration approach to determine the long-run relationship between economic growth, budget deficits, inflation and gross investment. The results of the study show a long-run e...

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Bibliographic Details
Main Authors: Goitsemodimo Abel Molocwa, Yohane Khamfula, Priviledge Cheteni
Format: Article
Language:English
Published: LLC "CPC "Business Perspectives" 2018-09-01
Series:Investment Management & Financial Innovations
Subjects:
BRICS
budget
economic growth
panel analysis
Online Access:https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/10816/imfi_2018_03_Molocwa.pdf

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