Pro-Growth Fiscal Policy: How to Acieve it in Developed Countries?

Kód výsledku v IS VaVaI

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Pro-Growth Fiscal Policy: How to Acieve it in Developed Countries?

Popis výsledku v původním jazyce

Fiscal policy can influence the economic growth even in the long run. It is therefore necessary to examine how to set appropriate fiscal policy which will promote economic growth in the long run and also which will be sustainable. Therefore the aim of the paper is to find out what is the effect of different types of government spending and taxes on economic growth in developed countries. From a methodological point of view, panel data estimation is used for 15 EU member countries in the period 1996-2011. Model includes particular types of government spending (according to the COFOG classification), taxes revenues (according to the standard classification) and state budget deficit. The results of the analysis show that only spending on defense, infrastructure and economic affairs and general public services has positive effect on economic growth. In addition, we show that both, direct and indirect taxes negatively affect the economic growth if we use them as the source of financing an i

Název v anglickém jazyce

Pro-Growth Fiscal Policy: How to Acieve it in Developed Countries?

Popis výsledku anglicky

Fiscal policy can influence the economic growth even in the long run. It is therefore necessary to examine how to set appropriate fiscal policy which will promote economic growth in the long run and also which will be sustainable. Therefore the aim of the paper is to find out what is the effect of different types of government spending and taxes on economic growth in developed countries. From a methodological point of view, panel data estimation is used for 15 EU member countries in the period 1996-2011. Model includes particular types of government spending (according to the COFOG classification), taxes revenues (according to the standard classification) and state budget deficit. The results of the analysis show that only spending on defense, infrastructure and economic affairs and general public services has positive effect on economic growth. In addition, we show that both, direct and indirect taxes negatively affect the economic growth if we use them as the source of financing an i

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

Economic Policy in the European Union Member Countries : XII. international scientific conference : 16th - 18th September 2014, Beltine Forest Hotel, Ostravice

ISBN

978-80-7510-114-3

ISSN

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e-ISSN

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Počet stran výsledku

9

Strana od-do

109-117

Název nakladatele

Slezská univerzita v Opavě, Obchodně podnikatelská fakulta v Karviné

Místo vydání

Karviná

Místo konání akce

Ostravice

Datum konání akce

16. 9. 2014

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

000366004300012