Institutional Conditions and Impact Fiscal Policy on Economic Growth: Case of European Union Countries

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F15%3A86090798" target="_blank" >RIV/61989100:27510/15:86090798 - 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

Institutional Conditions and Impact Fiscal Policy on Economic Growth: Case of European Union Countries

Popis výsledku v původním jazyce

The aim of this article is to investigate the effect of fiscal policy on economic growth with special focus on institutional conditions. From a methodological point of view, panel data estimation is used for 24 EU countries in the period 1996-2012. Countries are divided into two groups by high or low institutional conditions. The results of the analysis show that institutional conditions have a significant impact on economic growth via fiscal policy. In the case of countries with low institutional conditions, productive expenditure have negative impact on economic growth apparently because of inefficient use of these expenditure. Conversely, in countries with high institutional conditions, these expenditure have pro-growth effect.

Název v anglickém jazyce

Institutional Conditions and Impact Fiscal Policy on Economic Growth: Case of European Union Countries

Popis výsledku anglicky

The aim of this article is to investigate the effect of fiscal policy on economic growth with special focus on institutional conditions. From a methodological point of view, panel data estimation is used for 24 EU countries in the period 1996-2012. Countries are divided into two groups by high or low institutional conditions. The results of the analysis show that institutional conditions have a significant impact on economic growth via fiscal policy. In the case of countries with low institutional conditions, productive expenditure have negative impact on economic growth apparently because of inefficient use of these expenditure. Conversely, in countries with high institutional conditions, these expenditure have pro-growth effect.

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2015

Kód důvěrnosti údajů

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

Název statě ve sborníku

MEKON : conference proceedings of MEKON 2015 : selected papers : 17th international conference : February 4-5, 2015, Ostrava, Czech Republic

ISBN

978-80-248-3840-3

ISSN

1805-9945

e-ISSN

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Počet stran výsledku

10

Strana od-do

724-733

Název nakladatele

VŠB - Technical University of Ostrava

Místo vydání

Ostrava

Místo konání akce

Ostrava

Datum konání akce

4. 2. 2015

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

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