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Statements

Subject Item
n2:RIV%2F47813059%3A19520%2F12%3A%230002155%21RIV13-GA0-19520___
rdf:type
skos:Concept n10:Vysledek
dcterms:description
The goal of the paper is to examine the trends of government expenditure in the core member states of the European Union (EU15) in a period 1995-2010. Government expenditure and factors of their growth are a serious problem of many countries. Concurrently, government expenditure is an important tool for national governments to mitigate the uneven economic development and economic shocks across individual countries as a potential automatic stabilizer. The paper provides direct empirical evidence on cyclicality and the long-term and short-term relationship between government expenditure in compliance with the COFOG international standard and output. The Johansen cointegration test and the error correction model are used for analysis. The results state significant differences in size and importance of public sector in the selected countries. Research confirms cyclical development of government expenditure on GDP and Wagner´s law in EU15 member states during 1995-2010. The goal of the paper is to examine the trends of government expenditure in the core member states of the European Union (EU15) in a period 1995-2010. Government expenditure and factors of their growth are a serious problem of many countries. Concurrently, government expenditure is an important tool for national governments to mitigate the uneven economic development and economic shocks across individual countries as a potential automatic stabilizer. The paper provides direct empirical evidence on cyclicality and the long-term and short-term relationship between government expenditure in compliance with the COFOG international standard and output. The Johansen cointegration test and the error correction model are used for analysis. The results state significant differences in size and importance of public sector in the selected countries. Research confirms cyclical development of government expenditure on GDP and Wagner´s law in EU15 member states during 1995-2010.
dcterms:title
Trends of government expenditure in the EU15. Trends of government expenditure in the EU15.
skos:prefLabel
Trends of government expenditure in the EU15. Trends of government expenditure in the EU15.
skos:notation
RIV/47813059:19520/12:#0002155!RIV13-GA0-19520___
n10:predkladatel
n11:orjk%3A19520
n3:aktivita
n6:P
n3:aktivity
P(GAP403/11/2073)
n3:dodaniDat
n9:2013
n3:domaciTvurceVysledku
n15:6103952
n3:druhVysledku
n12:D
n3:duvernostUdaju
n18:S
n3:entitaPredkladatele
n4:predkladatel
n3:idSjednocenehoVysledku
175083
n3:idVysledku
RIV/47813059:19520/12:#0002155
n3:jazykVysledku
n8:eng
n3:klicovaSlova
government expenditure, cyclicality, voracity effect, Wagner´s law, COFOG classification
n3:klicoveSlovo
n7:voracity%20effect n7:Wagner%C2%B4s%20law n7:COFOG%20classification n7:government%20expenditure n7:cyclicality
n3:kontrolniKodProRIV
[236951E943AC]
n3:mistoKonaniAkce
Vendryně
n3:mistoVydani
Karviná
n3:nazevZdroje
Sborník příspěvků X. mezinárodní vědecké konference Hospodářská politika v členských zemích Evropské unie.
n3:obor
n17:AE
n3:pocetDomacichTvurcuVysledku
1
n3:pocetTvurcuVysledku
1
n3:projekt
n22:GAP403%2F11%2F2073
n3:rokUplatneniVysledku
n9:2012
n3:tvurceVysledku
Szarowská, Irena
n3:typAkce
n16:WRD
n3:zahajeniAkce
2012-01-01+01:00
s:numberOfPages
11
n19:hasPublisher
Slezská univerzita v Opavě. Obchodně podnikatelská fakulta v Karviné
n20:isbn
978-80-7248-780-6
n21:organizacniJednotka
19520