About: Government Expenditure and Economic Growth: Is This Relationship Determined by the Institutional Conditions?

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rdf:type	skos:Concept http://linked.opendata.cz/ontology/domain/vavai/Vysledek
Description	The aim of this paper is to find out whether the influence of fiscal policy, with special focus on partial types of government expenditure, economic growth depending on the institutional conditions. From a methodological point of view, panel data estimation is used for 22 OECD countries (which are divided into two groups – countries with high or low institutional conditions) in the period 1993-2012. The results of the analysis show that the impact of fiscal policy on economic growth is significantly determined by institutional conditions. In both groups of countries unproductive government expenditure and productive expenditure on general public services have negative impact on economic growth. Other productive expenditures have pro-growth influence on economic growth but only in case of countries with high institutional conditions. Conversely, in countries with low institutional conditions productive expenditures are harmful for economic growth because of inefficient use of these expenditures. The aim of this paper is to find out whether the influence of fiscal policy, with special focus on partial types of government expenditure, economic growth depending on the institutional conditions. From a methodological point of view, panel data estimation is used for 22 OECD countries (which are divided into two groups – countries with high or low institutional conditions) in the period 1993-2012. The results of the analysis show that the impact of fiscal policy on economic growth is significantly determined by institutional conditions. In both groups of countries unproductive government expenditure and productive expenditure on general public services have negative impact on economic growth. Other productive expenditures have pro-growth influence on economic growth but only in case of countries with high institutional conditions. Conversely, in countries with low institutional conditions productive expenditures are harmful for economic growth because of inefficient use of these expenditures. (en)
Title	Government Expenditure and Economic Growth: Is This Relationship Determined by the Institutional Conditions? Government Expenditure and Economic Growth: Is This Relationship Determined by the Institutional Conditions? (en)
skos:prefLabel	Government Expenditure and Economic Growth: Is This Relationship Determined by the Institutional Conditions? Government Expenditure and Economic Growth: Is This Relationship Determined by the Institutional Conditions? (en)
skos:notation	RIV/61989100:27510/14:86090791!RIV15-MSM-27510___
http://linked.open...avai/riv/aktivita	S
http://linked.open...avai/riv/aktivity	S
http://linked.open...vai/riv/dodaniDat	2015
http://linked.open...aciTvurceVysledku	Drobiszová, Agata
http://linked.open.../riv/druhVysledku	D - Článek ve sborníku
http://linked.open...iv/duvernostUdaju	S - Úplné a pravdivé údaje nepodléhající ochraně podle zvláštních právních předpisů
http://linked.open...titaPredkladatele	Vysoká škola báňská - Technická univerzita Ostrava / Ekonomická fakulta
http://linked.open...dnocenehoVysledku	18508
http://linked.open...ai/riv/idVysledku	RIV/61989100:27510/14:86090791
http://linked.open...riv/jazykVysledku	eng - angličtina
http://linked.open.../riv/klicovaSlova	Government Expenditure, Economic Growth, Fiscal Policy, Tax Revenue (en)
http://linked.open.../riv/klicoveSlovo	Fiscal Policy Government Expenditure Economic Growth Tax Revenue
http://linked.open...ontrolniKodProRIV	[CBC92706F075]
http://linked.open...v/mistoKonaniAkce	Vídeň
http://linked.open...i/riv/mistoVydani	[Rakousko]
http://linked.open...i/riv/nazevZdroje	4th International Scientific Conference on Taxes in the World
http://linked.open...in/vavai/riv/obor	AH
http://linked.open...ichTvurcuVysledku	1 (xsd:int)
http://linked.open...cetTvurcuVysledku	1 (xsd:int)
http://linked.open...UplatneniVysledku	2014
http://linked.open...iv/tvurceVysledku	Drobiszová, Agata
http://linked.open...vavai/riv/typAkce	WRD - Světová
http://linked.open.../riv/zahajeniAkce	2014-12-11 (xsd:date)
number of pages	14 (xsd:int)
http://purl.org/ne...btex#hasPublisher	European Association Comenius
https://schema.org/isbn	978-80-905405-0-7
http://localhost/t...ganizacniJednotka	27510

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