The size of government and economic growth in EU countries
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F23%3A63562018" target="_blank" >RIV/70883521:28120/23:63562018 - isvavai.cz</a>
Result on the web
<a href="http://www.ramp.ase.ro/vol40/40-01.pdf" target="_blank" >http://www.ramp.ase.ro/vol40/40-01.pdf</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.24818/amp/2023.40-01" target="_blank" >10.24818/amp/2023.40-01</a>
Alternative languages
Result language
angličtina
Original language name
The size of government and economic growth in EU countries
Original language description
The relationship between the public sector size and economic growth is the subject of many discussions. Momentarily, the four elementary streams are defined, while the resulting impact depends on the monitored sample of the countries and the employed methodology. The aim of the paper was to identify the impact of the public sector size on the economic growth of the 27 EU countries in the period 1996 to 2021. The public sector size was quantified using four different variables as total public expenditure, total public revenue, tax revenue and final government consumption. Through panel regression, the negative impact of the public sector size on the economic growth of the EU countries was demonstrated in all four models, while the most significant negative impact was reached by the final government consumption. The significant negative impact of the crisis presence on the economic growth of the EU countries was also demonstrated. The EU countries should focus their activities there to diminish the public sector growth and to manage the structure of the government expenditures from the current to capital expenditures of an investment characteristic.
Czech name
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Czech description
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Classification
Type
J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database
CEP classification
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OECD FORD branch
50201 - Economic Theory
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2023
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Administratie si Management Public
ISSN
1583-9583
e-ISSN
2559-6489
Volume of the periodical
2023
Issue of the periodical within the volume
40
Country of publishing house
RO - ROMANIA
Number of pages
16
Pages from-to
7-22
UT code for WoS article
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EID of the result in the Scopus database
2-s2.0-85161391625