The cyclicality and development of government expenditure in the Visegrad Group

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F11%3A%230001422" target="_blank" >RIV/47813059:19520/11:#0001422 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

The cyclicality and development of government expenditure in the Visegrad Group

Popis výsledku v původním jazyce

The aim of the article is to provide direct empirical evidence on government expenditure in the Visegrad Group.Previously published studies are weakly supported by the data particularly in emerging and post-transition economies that's why the analysis isfocused on Visegrad countries. The article concentrates on development of total government expenditure, changes in the structure, and also on the cyclicality of government expenditure. We used annual data on government expenditure in compliance with theCOFOG international standard during the period 1995-2009. GDP time series were cyclically adjusted. The results suggest that government expenditure and their allocation are similar in Visegrad Group despite the existing differences in the size of the public sector. On the other hand the cyclicality of government expenditure differs across the countries. Government expenditure is countercyclical only in the Slovak Republic, it is procyclical in other countries of the Visegrad Group.

Název v anglickém jazyce

The cyclicality and development of government expenditure in the Visegrad Group

Popis výsledku anglicky

The aim of the article is to provide direct empirical evidence on government expenditure in the Visegrad Group.Previously published studies are weakly supported by the data particularly in emerging and post-transition economies that's why the analysis isfocused on Visegrad countries. The article concentrates on development of total government expenditure, changes in the structure, and also on the cyclicality of government expenditure. We used annual data on government expenditure in compliance with theCOFOG international standard during the period 1995-2009. GDP time series were cyclically adjusted. The results suggest that government expenditure and their allocation are similar in Visegrad Group despite the existing differences in the size of the public sector. On the other hand the cyclicality of government expenditure differs across the countries. Government expenditure is countercyclical only in the Slovak Republic, it is procyclical in other countries of the Visegrad Group.

Druh

J_x - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)

CEP obor

AE - Řízení, správa a administrativa

OECD FORD obor

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Projekt

<a href="/cs/project/GAP403%2F11%2F2073" target="_blank" >GAP403/11/2073: Procykličnost finančních trhů, bubliny v cenách aktiv a makroprudenční regulace</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2011

Kód důvěrnosti údajů

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

Název periodika

Scientific Papers of the University of Pardubice

ISSN

1211-555X

e-ISSN

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Svazek periodika

21

Číslo periodika v rámci svazku

3

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

11

Strana od-do

161-171

Kód UT WoS článku

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EID výsledku v databázi Scopus

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