About: PRO-GROWTH EFFECTS OF (UN)PRODUCTIVE GOVERNMENT SPENDING IN THE OECD

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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	In connection with the recent financial and debt crisis, the debate about the influence of government spending on economic growth has deepened. The primary aim of this paper is thus to examine the influence of both, productive (investment) and unproductive (consumption) government expenditure on growth in the OECD in 2000-2010. The dynamic panel data analysis is performed using the GMM. The results show that, unlike the theoretical assumptions, the influence of both types of spending on economic growth is positive. If the unproductive part of the spending includes especially the social transfers, those raise the disposable income of households, the consumption and thus also the GDP per capita. In case of productive spending, the effect of its volatility on growth was proved to be negative. It can be concluded that instead of budget cuts, fiscal policy authorities should primarily try to avoid the changes and volatility of the investment spending. In connection with the recent financial and debt crisis, the debate about the influence of government spending on economic growth has deepened. The primary aim of this paper is thus to examine the influence of both, productive (investment) and unproductive (consumption) government expenditure on growth in the OECD in 2000-2010. The dynamic panel data analysis is performed using the GMM. The results show that, unlike the theoretical assumptions, the influence of both types of spending on economic growth is positive. If the unproductive part of the spending includes especially the social transfers, those raise the disposable income of households, the consumption and thus also the GDP per capita. In case of productive spending, the effect of its volatility on growth was proved to be negative. It can be concluded that instead of budget cuts, fiscal policy authorities should primarily try to avoid the changes and volatility of the investment spending. (en)
Title	PRO-GROWTH EFFECTS OF (UN)PRODUCTIVE GOVERNMENT SPENDING IN THE OECD PRO-GROWTH EFFECTS OF (UN)PRODUCTIVE GOVERNMENT SPENDING IN THE OECD (en)
skos:prefLabel	PRO-GROWTH EFFECTS OF (UN)PRODUCTIVE GOVERNMENT SPENDING IN THE OECD PRO-GROWTH EFFECTS OF (UN)PRODUCTIVE GOVERNMENT SPENDING IN THE OECD (en)
skos:notation	RIV/61989100:27510/13:86086832!RIV14-MSM-27510___
http://linked.open...avai/predkladatel	Ekonomická fakulta
http://linked.open...avai/riv/aktivita	S
http://linked.open...avai/riv/aktivity	S
http://linked.open...vai/riv/dodaniDat	2014
http://linked.open...aciTvurceVysledku	Machová, Zuzana
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	100194
http://linked.open...ai/riv/idVysledku	RIV/61989100:27510/13:86086832
http://linked.open...riv/jazykVysledku	eng - angličtina
http://linked.open.../riv/klicovaSlova	Productive Government Spending, Unproductive Government Spending, Economic Growth, World Tax Index (en)
http://linked.open.../riv/klicoveSlovo	Productive Government Spending Unproductive Government Spending World Tax Index Economic Growth
http://linked.open...ontrolniKodProRIV	[232D361FECC7]
http://linked.open...v/mistoKonaniAkce	Ostravice
http://linked.open...i/riv/mistoVydani	Ostrava
http://linked.open...i/riv/nazevZdroje	Taxes in the World : 3rd International Scientific Conference : proceedings : [Ostravice, 12.-13.12.2013]
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	2013
http://linked.open...iv/tvurceVysledku	Machová, Zuzana
http://linked.open...vavai/riv/typAkce	EUR - Evropská
http://linked.open.../riv/zahajeniAkce	2013-12-12 (xsd:date)
number of pages	10 (xsd:int)
http://purl.org/ne...btex#hasPublisher	Vysoká škola báňská - Technická univerzita Ostrava
https://schema.org/isbn	978-80-248-3133-6
http://localhost/t...ganizacniJednotka	27510

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