Changes in the fiscal stance and the composition of public spending

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F67985998%3A_____%2F12%3A00380362" target="_blank" >RIV/67985998:_____/12:00380362 - isvavai.cz</a>

Result on the web

<a href="http://dx.doi.org/10.1007/s00181-011-0469-9" target="_blank" >http://dx.doi.org/10.1007/s00181-011-0469-9</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1007/s00181-011-0469-9" target="_blank" >10.1007/s00181-011-0469-9</a>

Result language

angličtina

Original language name

Changes in the fiscal stance and the composition of public spending

Original language description

We consider the impact of both cyclical and structural changes in the fiscal stance on public spending composition for a panel of EU countries, including individual components of public investment. We find that both cyclically induced and structural changes in the fiscal stance affect the composition of public spending, with fiscal tightening of both types increasing the relative share of investment and loosening favouring consumption expenditure. Of the components of public investment, infrastructure and redistribution respond to cyclical changes in the fiscal stance, while investment in hospitals and schools responds most clearly to structural changes.

Czech name

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Czech description

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Type

J_x - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

CEP classification

AH - Economics

OECD FORD branch

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Project

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Continuities

Z - Vyzkumny zamer (s odkazem do CEZ)

Publication year

2012

Confidentiality

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

Name of the periodical

Empirical Economics

ISSN

0377-7332

e-ISSN

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Volume of the periodical

43

Issue of the periodical within the volume

1

Country of publishing house

DE - GERMANY

Number of pages

19

Pages from-to

199-217

UT code for WoS article

000306284200010

EID of the result in the Scopus database

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