Relationship Between General Government Expenditure and Economic Growth in Czechia

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F24%3AA0000469" target="_blank" >RIV/47813059:19520/24:A0000469 - isvavai.cz</a>

Výsledek na webu

<a href="http://dx.doi.org/10.1108/978-1-83753-840-920241009" target="_blank" >http://dx.doi.org/10.1108/978-1-83753-840-920241009</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1108/978-1-83753-840-920241009" target="_blank" >10.1108/978-1-83753-840-920241009</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Relationship Between General Government Expenditure and Economic Growth in Czechia

Popis výsledku v původním jazyce

Government spending plays a crucial role in fiscal policy in any country, both as a tool for implementing individual government policies and as a possible instrument for mitigating uneven economic developments and economic shocks. This chapter provides direct empirical evidence on the development and structure of general government expenditure and its relationship with real economic growth in Czechia and the European Union countries. Compared to theoretical recommendations, general government expenditure has not been used as a stabiliser in Czechia and EU countries and has been observed to be pro-cyclical in the period under review. Granger causality analysis identified the direction of causality between the macroeconomic variables analysed and found that in most cases economic growth came first, followed by government spending.

Název v anglickém jazyce

Relationship Between General Government Expenditure and Economic Growth in Czechia

Popis výsledku anglicky

Government spending plays a crucial role in fiscal policy in any country, both as a tool for implementing individual government policies and as a possible instrument for mitigating uneven economic developments and economic shocks. This chapter provides direct empirical evidence on the development and structure of general government expenditure and its relationship with real economic growth in Czechia and the European Union countries. Compared to theoretical recommendations, general government expenditure has not been used as a stabiliser in Czechia and EU countries and has been observed to be pro-cyclical in the period under review. Granger causality analysis identified the direction of causality between the macroeconomic variables analysed and found that in most cases economic growth came first, followed by government spending.

Druh

C - Kapitola v odborné knize

CEP obor

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OECD FORD obor

50206 - Finance

Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2024

Kód důvěrnosti údajů

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

Název knihy nebo sborníku

Modeling Economic Growth in Contemporary Czechia

ISBN

9781837538416

Počet stran výsledku

15

Strana od-do

137-151

Počet stran knihy

322

Název nakladatele

Emerald Publishing Limited

Místo vydání

Leeds, England:

Kód UT WoS kapitoly

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