Bui Duy Tung
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  • JED_2015_27.pdf.jpg
  • Article


  • Authors: Bui, Thị Mai Hoai; Su, Dinh Thanh; Bui, Duy Tung (2015-10)

  • A fiscal sustainability model requires that budget revenues and expenditures be in balance while government budget constraints, ensured. Yet, it becomes problematic while failing to address the dynamism of the budget constraints, associated with the government’s role (i.e. extending its intervention may affect public debt and finance). On adopting approaches by Trehan and Walsh (1991) and Hakkio and Rush (1991), which empirically tests cointegration between government revenues and its spending, this study’s aim is to assess the issue of public debt and fiscal sustainability in Vietnam. The findings, on the ground of analyzing institutional factors, demonstrate that no sustainability, ...

 Bui Duy Tung
Qualification:
Fields/Area of Specialization:
Showing results 1 to 1 of 1
  • JED_2015_27.pdf.jpg
  • Article


  • Authors: Bui, Thị Mai Hoai; Su, Dinh Thanh; Bui, Duy Tung (2015-10)

  • A fiscal sustainability model requires that budget revenues and expenditures be in balance while government budget constraints, ensured. Yet, it becomes problematic while failing to address the dynamism of the budget constraints, associated with the government’s role (i.e. extending its intervention may affect public debt and finance). On adopting approaches by Trehan and Walsh (1991) and Hakkio and Rush (1991), which empirically tests cointegration between government revenues and its spending, this study’s aim is to assess the issue of public debt and fiscal sustainability in Vietnam. The findings, on the ground of analyzing institutional factors, demonstrate that no sustainability, ...