About: The cyclicality and development of government expenditure in the Visegrad Group

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An Entity of Type : http://linked.opendata.cz/ontology/domain/vavai/Vysledek, within Data Space : linked.opendata.cz associated with source document(s)

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rdf:type	skos:Concept http://linked.opendata.cz/ontology/domain/vavai/Vysledek
Description	The aim of the article is to provide direct empirical evidence on government expenditure in the Visegrad Group.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 article 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. Government expenditure is countercyclical only in the Slovak Republic, it is procyclical in other countries of the Visegrad Group. The aim of the article is to provide direct empirical evidence on government expenditure in the Visegrad Group.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 article 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. Government expenditure is countercyclical only in the Slovak Republic, it is procyclical in other countries of the Visegrad Group. (en)
Title	The cyclicality and development of government expenditure in the Visegrad Group The cyclicality and development of government expenditure in the Visegrad Group (en)
skos:prefLabel	The cyclicality and development of government expenditure in the Visegrad Group The cyclicality and development of government expenditure in the Visegrad Group (en)
skos:notation	RIV/47813059:19520/11:#0001422!RIV12-GA0-19520___
http://linked.open...avai/predkladatel	Obchodně podnikatelská fakulta v Karviné
http://linked.open...avai/riv/aktivita	P
http://linked.open...avai/riv/aktivity	P(GAP403/11/2073)
http://linked.open...iv/cisloPeriodika	3
http://linked.open...vai/riv/dodaniDat	2012
http://linked.open...aciTvurceVysledku	Szarowská, Irena
http://linked.open.../riv/druhVysledku	J - Článek v odborném periodiku
http://linked.open...iv/duvernostUdaju	S - Úplné a pravdivé údaje nepodléhající ochraně podle zvláštních právních předpisů
http://linked.open...titaPredkladatele	Slezská univerzita v Opavě / Obchodně podnikatelská fakulta v Karviné
http://linked.open...dnocenehoVysledku	192585
http://linked.open...ai/riv/idVysledku	RIV/47813059:19520/11:#0001422
http://linked.open...riv/jazykVysledku	eng - angličtina
http://linked.open.../riv/klicovaSlova	government expenditure, COFOG classification, cyclicality, correlation (en)
http://linked.open.../riv/klicoveSlovo	COFOG classification correlation cyclicality government expenditure
http://linked.open...odStatuVydavatele	CZ - Česká republika
http://linked.open...ontrolniKodProRIV	[1CF1CFD2E81C]
http://linked.open...i/riv/nazevZdroje	Scientific Papers of the University of Pardubice
http://linked.open...in/vavai/riv/obor	AE
http://linked.open...ichTvurcuVysledku	1 (xsd:int)
http://linked.open...cetTvurcuVysledku	1 (xsd:int)
http://linked.open...vavai/riv/projekt	Procyclicality of financial markets, asset price bubbles and macroprudential regulation
http://linked.open...UplatneniVysledku	2011
http://linked.open...v/svazekPeriodika	21
http://linked.open...iv/tvurceVysledku	Szarowská, Irena
issn	1211-555X
number of pages	11 (xsd:int)
http://localhost/t...ganizacniJednotka	19520
is http://linked.open...avai/riv/vysledek of	The cyclicality and development of government expenditure in the Visegrad Group The cyclicality and development of government expenditure in the Visegrad Group

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