Fiscal reaction function with fiscal decentralization variable

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60076658%3A12510%2F16%3A43891460" target="_blank" >RIV/60076658:12510/16:43891460 - isvavai.cz</a>

Výsledek na webu

<a href="http://dx.doi.org/10.18267/pr.2016.sed.2155.8" target="_blank" >http://dx.doi.org/10.18267/pr.2016.sed.2155.8</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.18267/pr.2016.sed.2155.8" target="_blank" >10.18267/pr.2016.sed.2155.8</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Fiscal reaction function with fiscal decentralization variable

Popis výsledku v původním jazyce

The paper deals with the fiscal behavior of EU countries within the period from 1995 to 2014. The responsiveness of general government primary balances and primary expenditure to several variables is analyzed using panel data. The main focus is on the fiscal decentralization effect on the fiscal behavior of general government with the main hypothesis that the lower fiscal decentralization (higher centralization) allows the central government to exert more control over the general government budget and therefore enables it to enforce fiscal sustainability. The results suggest that revenue and tax decentralization might have adverse effects on the responsiveness of general government primary balances, while expenditure decentralization might have a positive effect on the ability of government to adjust general government primary expenditure.

Název v anglickém jazyce

Fiscal reaction function with fiscal decentralization variable

Popis výsledku anglicky

The paper deals with the fiscal behavior of EU countries within the period from 1995 to 2014. The responsiveness of general government primary balances and primary expenditure to several variables is analyzed using panel data. The main focus is on the fiscal decentralization effect on the fiscal behavior of general government with the main hypothesis that the lower fiscal decentralization (higher centralization) allows the central government to exert more control over the general government budget and therefore enables it to enforce fiscal sustainability. The results suggest that revenue and tax decentralization might have adverse effects on the responsiveness of general government primary balances, while expenditure decentralization might have a positive effect on the ability of government to adjust general government primary expenditure.

Druh

D - Stať ve sborníku

CEP obor

—

OECD FORD obor

50206 - Finance

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2016

Kód důvěrnosti údajů

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

Název statě ve sborníku

Proceedings of the 21th International Conference Theoretical and Practical Aspects of Public Finance 2016

ISBN

978-80-245-2155-8

ISSN

—

e-ISSN

neuvedeno

Počet stran výsledku

6

Strana od-do

253-258

Název nakladatele

Oeconomica

Místo vydání

Praha

Místo konání akce

Praha

Datum konání akce

15. 4. 2016

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000392677500039