The cyclicality and development of government expenditure in the Visegrad Group
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F11%3A%230001422" target="_blank" >RIV/47813059:19520/11:#0001422 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
The cyclicality and development of government expenditure in the Visegrad Group
Original language description
The aim of the article is to provide direct empirical evidence on government expenditure in the Visegrad Group.Previously published studies are weakly supported by the data particularly in emerging and post-transition economies that's why the analysis isfocused on Visegrad countries. The article concentrates on development of total government expenditure, changes in the structure, and also on the cyclicality of government expenditure. We used annual data on government expenditure in compliance with theCOFOG international standard during the period 1995-2009. GDP time series were cyclically adjusted. The results suggest that government expenditure and their allocation are similar in Visegrad Group despite the existing differences in the size of the public sector. On the other hand the cyclicality of government expenditure differs across the countries. Government expenditure is countercyclical only in the Slovak Republic, it is procyclical in other countries of the Visegrad Group.
Czech name
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Czech description
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Classification
Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
AE - Management, administration and clerical work
OECD FORD branch
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Result continuities
Project
<a href="/en/project/GAP403%2F11%2F2073" target="_blank" >GAP403/11/2073: Procyclicality of financial markets, asset price bubbles and macroprudential regulation</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2011
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Scientific Papers of the University of Pardubice
ISSN
1211-555X
e-ISSN
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Volume of the periodical
21
Issue of the periodical within the volume
3
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
11
Pages from-to
161-171
UT code for WoS article
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EID of the result in the Scopus database
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