Optimal Mix of Fiscal Policy in the EU with a Special Reference to the Czech Republic

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F15%3A86096065" target="_blank" >RIV/61989100:27510/15:86096065 - isvavai.cz</a>

Výsledek na webu

—

DOI - Digital Object Identifier

—

Jazyk výsledku

angličtina

Název v původním jazyce

Optimal Mix of Fiscal Policy in the EU with a Special Reference to the Czech Republic

Popis výsledku v původním jazyce

The optimal mix of fiscal policy plays an important role even in a small economy such as the Czech Republic. Therefore the aim of the paper is to investigate the effect of fiscal policy on economic growth in the Czech Republic, which is examined in the context of European Union member countries. From a methodological point of view, panel data estimation is used for European Union countries in the period 1996-2012. 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-quality institutional framework, which also includes the Czech Republic, productive expenditure have negative impact on economic growth apparently because of inefficient use of theseexpenditure. For this reason, the Czech Republic should focus on the institutional framework through the increase of fiscal transparency.

Název v anglickém jazyce

Optimal Mix of Fiscal Policy in the EU with a Special Reference to the Czech Republic

Popis výsledku anglicky

The optimal mix of fiscal policy plays an important role even in a small economy such as the Czech Republic. Therefore the aim of the paper is to investigate the effect of fiscal policy on economic growth in the Czech Republic, which is examined in the context of European Union member countries. From a methodological point of view, panel data estimation is used for European Union countries in the period 1996-2012. 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-quality institutional framework, which also includes the Czech Republic, productive expenditure have negative impact on economic growth apparently because of inefficient use of theseexpenditure. For this reason, the Czech Republic should focus on the institutional framework through the increase of fiscal transparency.

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

—

Projekt

—

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

Innovation Vision 2020: from regional development sustainability to global economic growth : proceedings of the 25th International Business Information Management Association Conference : May 7-8, 2015, Amsterdam, Netherlands

ISBN

978-0-9860419-4-5

ISSN

—

e-ISSN

—

Počet stran výsledku

9

Strana od-do

2011-2019

Název nakladatele

IBIMA

Místo vydání

Norristown

Místo konání akce

Amsterdam

Datum konání akce

7. 5. 2015

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

000360508700196