Fiscal Policy and Economic Growth in EU countries: Evidence from Panel Data with Budget Constraints
Identifikátory výsledku
Kód výsledku v IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F15%3A00083836" target="_blank" >RIV/00216224:14560/15:00083836 - isvavai.cz</a>
Výsledek na webu
<a href="http://mme2015.zcu.cz/downloads/MME_2015_proceedings.pdf" target="_blank" >http://mme2015.zcu.cz/downloads/MME_2015_proceedings.pdf</a>
DOI - Digital Object Identifier
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Alternativní jazyky
Jazyk výsledku
angličtina
Název v původním jazyce
Fiscal Policy and Economic Growth in EU countries: Evidence from Panel Data with Budget Constraints
Popis výsledku v původním jazyce
The aim of this paper is to find evidence whether fiscal policy can affect the economic growth based on the empirical research method. Focus is set on 25 se- lected member countries of the European Union. Annu al government finance data from years 1995 to 2012 are used for an empirical s tudy. Observed indicators are composition and volume of total government expendit ures and through budget con- strain also tax burden of individual taxes. These i ndicators are used within endoge- nous growth model together with capital stock and a pproximation of human capital. A panel regression with fixed effects is used as an analytic tool. Results show which composition of government expenditures is growth-fr iendly. Every policy maker must also take into consideration a trade-off betwe en an increase of public expendi- tures and raising taxes to achieve a balanced gover nment budget. For that reason impacts of various taxes on the economic growth wer e examined to find out which tax is strongly d
Název v anglickém jazyce
Fiscal Policy and Economic Growth in EU countries: Evidence from Panel Data with Budget Constraints
Popis výsledku anglicky
The aim of this paper is to find evidence whether fiscal policy can affect the economic growth based on the empirical research method. Focus is set on 25 se- lected member countries of the European Union. Annu al government finance data from years 1995 to 2012 are used for an empirical s tudy. Observed indicators are composition and volume of total government expendit ures and through budget con- strain also tax burden of individual taxes. These i ndicators are used within endoge- nous growth model together with capital stock and a pproximation of human capital. A panel regression with fixed effects is used as an analytic tool. Results show which composition of government expenditures is growth-fr iendly. Every policy maker must also take into consideration a trade-off betwe en an increase of public expendi- tures and raising taxes to achieve a balanced gover nment budget. For that reason impacts of various taxes on the economic growth wer e examined to find out which tax is strongly d
Klasifikace
Druh
D - Stať ve sborníku
CEP obor
AH - Ekonomie
OECD FORD obor
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Návaznosti výsledku
Projekt
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Návaznosti
S - Specificky vyzkum na vysokych skolach
Ostatní
Rok uplatnění
2015
Kód důvěrnosti údajů
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Údaje specifické pro druh výsledku
Název statě ve sborníku
Proceedings of 33th International Conference Mathematical Methods in Economics 2015
ISBN
9788026105374
ISSN
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e-ISSN
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Počet stran výsledku
6
Strana od-do
937-942
Název nakladatele
University of West Bohemia
Místo vydání
Plzeň
Místo konání akce
Cheb
Datum konání akce
9. 9. 2015
Typ akce podle státní příslušnosti
WRD - Celosvětová akce
Kód UT WoS článku
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