Testing Stationarity of Budgetary Position in Developing Countries

In this paper, we examine stationarity properties of data on budget deficits for a cluster of twenty-seven developing countries (D-27) for the period spanning 1970 to 2003. It has been argued in the literature that this statistical property correlates well with the economic property of sustainabili...

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Bibliographic Details
Main Authors: Lau, Evan, Ahmad Zubaidi, Baharumshah, Shazali Abu, Mansor, Puah, Chin-Hong
Format: Article
Language:English
Published: Econometric Research Association 2009
Subjects:
Online Access:http://ir.unimas.my/id/eprint/7317/
http://ir.unimas.my/id/eprint/7317/1/Testing%20Stationarity%20of%20Budgetary%20Position%20in%20Developing%20Countries.pdf