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Full-Text Articles in Social and Behavioral Sciences
Copycat Theory: Testing For Fiscal Policies Harmonization In The Southern African Coordinating Community (Sadc) And Sub-Saharan Africa (Ssa), Christine Ega Mbakile-Moloi
Copycat Theory: Testing For Fiscal Policies Harmonization In The Southern African Coordinating Community (Sadc) And Sub-Saharan Africa (Ssa), Christine Ega Mbakile-Moloi
Economics Dissertations
The objective of this dissertation is to test empirically whether fiscal policy mimicking exists in developing countries and whether such mimicking leads to policy harmonization. This is done by studying the Southern African Development Community (SADC) Region and Sub-Saharan Africa (SSA). The dissertation uses panel data and applies the generalized method of moments (GMM) and the generalized spatial two-stage least squares (GS2SLS) methodologies to a spatial setting to test for the spatial interactions. The study also tests for evidence of spatial interaction in the assessment of government efficiency by voters in neighboring countries, where efficiency is measured using the price/quantity …