Expenditures and Receipts in State and Local Government Finances: Reply
NOTE: At the time of publication, the author Michael L. Marlow was not yet affiliated with Cal Poly.
Chowdhury (1988) adopts an alternative technique to test for causality between expenditures and receipts of state and loyal governments and claims that he obtains results that are different from those reported in our 1987 paper (Marlow and Manage, 1987). We disagree with many of his criticisms. In this reply, we argue that he misinterprets our results and policy implications and that his results are really not much different from ours; in fact, sometimes his results provide stronger support of our hypothesis.
Michael L. Marlow and Neela Manage. "Expenditures and Receipts in State and Local Government Finances: Reply" Public Choice 59.3 (1988): 287-290.
Available at: http://works.bepress.com/mmarlow/50