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
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DOI - Digital Object Identifier
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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
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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
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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
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e-ISSN
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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