Pro-Growth Fiscal Policy: How to Achieve it in Developed Countries?

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F14%3A86090757" target="_blank" >RIV/61989100:27510/14:86090757 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Pro-Growth Fiscal Policy: How to Achieve it in Developed Countries?
Original language description
Fiscal policy can influence the economic growth even in the long run. It is therefore necessary to examine how to set appropriate fiscal policy which will promote economic growth in the long run and also which will be sustainable. Therefore the aim of the paper is to find out what is the effect of different types of government spending and taxes on economic growth in developed countries. From a methodological point of view, panel data estimation is used for 15 EU member countries in the period 1996-2011. Model includes particular types of government spending (according to the COFOG classification), taxes revenues (according to the standard classification) and state budget deficit. The results of the analysis show that only spending on defense, infrastructure and economic affairs and general public services has positive effect on economic growth. In addition, we show that both, direct and indirect taxes negatively affect the economic growth if we use them as the source of financing an i
Czech name
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Czech description
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Publication year
2014
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Recenzovaný sborník příspěvků XII. mezinárodní vědecké konference Hospodářská politika v členských zemích Evropské unie : 16.-18. září 2014, Betline Forest Hotel, Ostravice
ISBN
978-80-7510-045-0
ISSN
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e-ISSN
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Number of pages
9
Pages from-to
137-145
Publisher name
Slezská univerzita v Opavě, Obchodně podnikatelská fakulta
Place of publication
Karviná
Event location
Ostravice
Event date
Sep 16, 2014
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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