The size of government and economic growth in EU countries

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F23%3A63562018" target="_blank" >RIV/70883521:28120/23:63562018 - isvavai.cz</a>

Výsledek na webu

<a href="http://www.ramp.ase.ro/vol40/40-01.pdf" target="_blank" >http://www.ramp.ase.ro/vol40/40-01.pdf</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.24818/amp/2023.40-01" target="_blank" >10.24818/amp/2023.40-01</a>

Jazyk výsledku

angličtina

Název v původním jazyce

The size of government and economic growth in EU countries

Popis výsledku v původním jazyce

The relationship between the public sector size and economic growth is the subject of many discussions. Momentarily, the four elementary streams are defined, while the resulting impact depends on the monitored sample of the countries and the employed methodology. The aim of the paper was to identify the impact of the public sector size on the economic growth of the 27 EU countries in the period 1996 to 2021. The public sector size was quantified using four different variables as total public expenditure, total public revenue, tax revenue and final government consumption. Through panel regression, the negative impact of the public sector size on the economic growth of the EU countries was demonstrated in all four models, while the most significant negative impact was reached by the final government consumption. The significant negative impact of the crisis presence on the economic growth of the EU countries was also demonstrated. The EU countries should focus their activities there to diminish the public sector growth and to manage the structure of the government expenditures from the current to capital expenditures of an investment characteristic.

Název v anglickém jazyce

The size of government and economic growth in EU countries

Popis výsledku anglicky

The relationship between the public sector size and economic growth is the subject of many discussions. Momentarily, the four elementary streams are defined, while the resulting impact depends on the monitored sample of the countries and the employed methodology. The aim of the paper was to identify the impact of the public sector size on the economic growth of the 27 EU countries in the period 1996 to 2021. The public sector size was quantified using four different variables as total public expenditure, total public revenue, tax revenue and final government consumption. Through panel regression, the negative impact of the public sector size on the economic growth of the EU countries was demonstrated in all four models, while the most significant negative impact was reached by the final government consumption. The significant negative impact of the crisis presence on the economic growth of the EU countries was also demonstrated. The EU countries should focus their activities there to diminish the public sector growth and to manage the structure of the government expenditures from the current to capital expenditures of an investment characteristic.

Druh

J_SC - Článek v periodiku v databázi SCOPUS

CEP obor

—

OECD FORD obor

50201 - Economic Theory

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2023

Kód důvěrnosti údajů

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

Název periodika

Administratie si Management Public

ISSN

1583-9583

e-ISSN

2559-6489

Svazek periodika

2023

Číslo periodika v rámci svazku

40

Stát vydavatele periodika

RO - Rumunsko

Počet stran výsledku

16

Strana od-do

7-22

Kód UT WoS článku

—

EID výsledku v databázi Scopus

2-s2.0-85161391625