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%230001560" target="_blank" >RIV/47813059:19520/11:#0001560 - 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
Development of government expenditure in the Visegrad Group
Original language description
Current governments often solve a problem how to support economic growth and consolidate public finance. Government expenditure plays important role in a fiscal policy of each country as a possible automatic stabilizer. Previously published studies are weakly supported by the data particularly in emerging and post-transition economies that's why the analysis is focused on Visegrad countries. The paper concentrates on development of total government expenditure, changes in the structure, and also on thecyclicality of government expenditure. We used annual data on government expenditure in compliance with the COFOG 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.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AH - Economics
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
Article name in the collection
New challenges in economics and administration : proceedings of the 3rd international conference in economics and administration
ISBN
978-606-501-074-1
ISSN
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e-ISSN
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Number of pages
6
Pages from-to
136-141
Publisher name
Cartea Studenteasca
Place of publication
Bucharest
Event location
Bucharest
Event date
Jun 3, 2011
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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