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

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F15%3A86096365" target="_blank" >RIV/61989100:27510/15:86096365 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Pro-Growth Fiscal Policy: How to Acieve 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

  • 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

    2015

  • Confidentiality

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

Data specific for result type

  • Article name in the collection

    Economic Policy in the European Union Member Countries : XII. international scientific conference : 16th - 18th September 2014, Beltine Forest Hotel, Ostravice

  • ISBN

    978-80-7510-114-3

  • ISSN

  • e-ISSN

  • Number of pages

    9

  • Pages from-to

    109-117

  • Publisher name

    Slezská univerzita v Opavě, Obchodně podnikatelská fakulta v Karviné

  • 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

    000366004300012