文章基本信息

标题：Opa! Did EU Entry Contribute to the Greek Crisis?
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作者：Alexi Thompson ; Koichi Yamaura
期刊名称：Modern Economy
印刷版ISSN：2152-7245
电子版ISSN：2152-7261
出版年度：2013
卷号：4
期号：10
页码：659-661
DOI：10.4236/me.2013.410071
出版社：Scientific Research Publishing
摘要：This paper focuses on possible underlying causes of the current Greek debt. The Gregory and Hansen residual-based cointegration test is to test Greek deficit sustainability with annual data from 1988 to 2012. This cointegration test identifies structural breaks when they are unknown a priori. Estimated results reveal a break in 1996. The break in 1996 coincides with the election of Simitis as prime minister, suggesting that the current debt problem may be due to increased government expenditure associated with the tenure of Simitis rather than due to EU entry.
关键词：Greek Crisis; Time Series; Gregory and Hansen Cointegration Test