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The Appropriate Mix of Government Spending and Taxation: How to Promote Economic Growth?

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F14%3A86090790" target="_blank" >RIV/61989100:27510/14:86090790 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    The Appropriate Mix of Government Spending and Taxation: How to Promote Economic Growth?

  • Original language description

    Nowadays, it is necessary to examine appropriate fiscal policy so that it supports economic growth while being 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 economies. From a methodological point of view, panel data estimation is used for 27 OECD countries in the period 1997-2011. Model includes particular types of government spending, taxes revenue and state budget deficit. The results ofthe analysis show that only spending on defense, education and health, and general public services have positive effect on economic growth. In addition, we show that improve of unproductive government spending through revenue from direct taxes negatively affects the growth.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    AH - Economics

  • OECD FORD branch

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2014

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Vision 2020: Sustainable Growth, Economic Development, and Global Competitiveness - Proceedings of the 23rd International Business Information Management Association Conference, IBIMA 2014

  • ISBN

    978-0-9860419-2-1

  • ISSN

  • e-ISSN

  • Number of pages

    9

  • Pages from-to

    1882-1890

  • Publisher name

    IBIMA

  • Place of publication

    Norristown

  • Event location

    Valencia

  • Event date

    May 13, 2014

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article

    000339308100193