Distorting Effect of Debt Dynamics on Fiscal Policy to Growth Relations

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F15%3A86094865" target="_blank" >RIV/61989100:27510/15:86094865 - 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
Distorting Effect of Debt Dynamics on Fiscal Policy to Growth Relations
Original language description
The main purpose of this contribution is to investigate whether long lasting period of high deficits can systematically change effects of main budget categories on economic growth. We employed dynamic and statistic panel data regression of OECD countries in period 2000-2014 and found rather the weak evidence. On the revenue side of fiscal budget all categories appear to be less detrimental to growth as average deficit over time increases. On the expenditure side only public investment and social expenditures behave in suggested way.
Czech name
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Czech description
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Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Taxes in the world : proceedings of the 5th international scientific conference : December 10-11, 2015, Vienna, Austria
ISBN
978-80-905405-1-4
ISSN
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e-ISSN
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Number of pages
12
Pages from-to
81-92
Publisher name
European Association Comenius
Place of publication
[Rakousko]
Event location
Vídeň
Event date
Dec 10, 2015
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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