Uncertainty or Level of Government Expenditure - What Is More Harmful for Economy?

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F14%3A86090783" target="_blank" >RIV/61989100:27510/14:86090783 - 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
Uncertainty or Level of Government Expenditure - What Is More Harmful for Economy?
Original language description
In these days, many developed countries are experiencing fiscal changes. It is there-fore necessary to examine the various effects of fiscal policy. Current economic lit-erature often examines the influence of fiscal variables on economic growth, but theinfluence of volatility of these variables is less frequently dealt with. The gov-ernment expenditure uncertainty may even represent a much more problematic factor than the level of expenditure. The aim of this paper is thus to describe the ef-fect of government expenditure on long-term economic growth with a special em-phasis on the impact of volatility of government expenditure. To ensure the com-prehensiveness of the model, both government expenditure and tax burden are in-vestigated. The taxation is measured not only using a standard tax quota, but also an alternative World Tax Index.The empirical analysis in this article is based on a dynamic panel model which uses data for OECD countries for 2000-2010. The results confirm the ass
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
Mathematical Methods in Economics, MME 2014 : 32nd international conference : September 10-12, 2014, Olomouc, Czech Republic : conference proceedings
ISBN
978-80-244-4209-9
ISSN
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e-ISSN
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Number of pages
6
Pages from-to
477-482
Publisher name
Palacký University
Place of publication
Olomouc
Event location
Olomouc
Event date
Sep 10, 2014
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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