Tax revenues and public investment: Unidirectional or bi-directional causality? Some empirical evidence

Author

• Sotiris G. Karkalakos

Author Type

Graduate Student

Date of Award

1999

Document Type

Thesis

Publication Status

Version of Record

Submission Date

October 2026

Thesis/Dissertation Advisor [Chair]

Yuhn, Ky-Hyang

Abstract

This thesis examines the direction of causality between tax revenues and public investment, using data from the Greek economy. This study applies the methodologies of OLS regression analysis and tests of cointegration to examine the relationship between tax revenues and public investment. In addition, a Vector Autoregressive Model (VAR model) is included in this paper. The empirical results reveal unidirectional causality from tax revenues to public investment which suggests that tax and spending decisions are not made jointly by the Greek fiscal authorities.

Extent

83 p.

Comments

College of Business|Thesis (M.S.)--Florida Atlantic University, 1999.|FAU Electronic Theses and Dissertations Collection|College of Business

Recommended Citation

Karkalakos, Sotiris G., "Tax revenues and public investment: Unidirectional or bi-directional causality? Some empirical evidence" (1999). Electronic Theses and Dissertations 1990 - 1999. 1539.
https://digitalcommons.fau.edu/etd_general_4/1539

Identifier

FADT15630

Format

pdf