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  • Current governments often solve a problem how to support economic growth and consolidate public finance. Government expenditure plays important role in a fiscal policy of each country as a possible automatic stabilizer. Previously published studies are weakly supported by the data particularly in emerging and post-transition economies that's why the analysis is focused on Visegrad countries. The paper concentrates on development of total government expenditure, changes in the structure, and also on the cyclicality of government expenditure. We used annual data on government expenditure in compliance with the COFOG international standard during the period 1995 - 2009. GDP time series were cyclically adjusted. The results suggest that government expenditure and their allocation are similar in Visegrad Group despite the existing differences in the size of the public sector. On the other hand the cyclicality of government expenditure differs across the countries.
  • Current governments often solve a problem how to support economic growth and consolidate public finance. Government expenditure plays important role in a fiscal policy of each country as a possible automatic stabilizer. Previously published studies are weakly supported by the data particularly in emerging and post-transition economies that's why the analysis is focused on Visegrad countries. The paper concentrates on development of total government expenditure, changes in the structure, and also on the cyclicality of government expenditure. We used annual data on government expenditure in compliance with the COFOG international standard during the period 1995 - 2009. GDP time series were cyclically adjusted. The results suggest that government expenditure and their allocation are similar in Visegrad Group despite the existing differences in the size of the public sector. On the other hand the cyclicality of government expenditure differs across the countries. (en)
Title
  • Development of government expenditure in the Visegrad Group
  • Development of government expenditure in the Visegrad Group (en)
skos:prefLabel
  • Development of government expenditure in the Visegrad Group
  • Development of government expenditure in the Visegrad Group (en)
skos:notation
  • RIV/47813059:19520/11:#0001560!RIV12-GA0-19520___
http://linked.open...avai/riv/aktivita
http://linked.open...avai/riv/aktivity
  • P(GAP403/11/2073)
http://linked.open...vai/riv/dodaniDat
http://linked.open...aciTvurceVysledku
http://linked.open.../riv/druhVysledku
http://linked.open...iv/duvernostUdaju
http://linked.open...titaPredkladatele
http://linked.open...dnocenehoVysledku
  • 194055
http://linked.open...ai/riv/idVysledku
  • RIV/47813059:19520/11:#0001560
http://linked.open...riv/jazykVysledku
http://linked.open.../riv/klicovaSlova
  • taxation, tax burden, economic growth, panel regression (en)
http://linked.open.../riv/klicoveSlovo
http://linked.open...ontrolniKodProRIV
  • [2CA4E17AA42E]
http://linked.open...v/mistoKonaniAkce
  • Bucharest
http://linked.open...i/riv/mistoVydani
  • Bucharest
http://linked.open...i/riv/nazevZdroje
  • New challenges in economics and administration : proceedings of the 3rd international conference in economics and administration
http://linked.open...in/vavai/riv/obor
http://linked.open...ichTvurcuVysledku
http://linked.open...cetTvurcuVysledku
http://linked.open...vavai/riv/projekt
http://linked.open...UplatneniVysledku
http://linked.open...iv/tvurceVysledku
  • Szarowská, Irena
http://linked.open...vavai/riv/typAkce
http://linked.open.../riv/zahajeniAkce
number of pages
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  • Cartea Studenteasca
https://schema.org/isbn
  • 978-606-501-074-1
http://localhost/t...ganizacniJednotka
  • 19520
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