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Statements

Subject Item
n2:RIV%2F61989100%3A27510%2F14%3A86090757%21RIV15-MSM-27510___
rdf:type
n12:Vysledek skos:Concept
dcterms:description
Fiscal policy can influence the economic growth even in the long run. It is therefore necessary to examine how to set appropriate fiscal policy which will promote economic growth in the long run and also which will be sustainable. Therefore the aim of the paper is to find out what is the effect of different types of government spending and taxes on economic growth in developed countries. From a methodological point of view, panel data estimation is used for 15 EU member countries in the period 1996-2011. Model includes particular types of government spending (according to the COFOG classification), taxes revenues (according to the standard classification) and state budget deficit. The results of the analysis show that only spending on defense, infrastructure and economic affairs and general public services has positive effect on economic growth. In addition, we show that both, direct and indirect taxes negatively affect the economic growth if we use them as the source of financing an increase of unproductive government spending. Fiscal policy can influence the economic growth even in the long run. It is therefore necessary to examine how to set appropriate fiscal policy which will promote economic growth in the long run and also which will be sustainable. Therefore the aim of the paper is to find out what is the effect of different types of government spending and taxes on economic growth in developed countries. From a methodological point of view, panel data estimation is used for 15 EU member countries in the period 1996-2011. Model includes particular types of government spending (according to the COFOG classification), taxes revenues (according to the standard classification) and state budget deficit. The results of the analysis show that only spending on defense, infrastructure and economic affairs and general public services has positive effect on economic growth. In addition, we show that both, direct and indirect taxes negatively affect the economic growth if we use them as the source of financing an increase of unproductive government spending.
dcterms:title
Pro-Growth Fiscal Policy: How to Achieve it in Developed Countries? Pro-Growth Fiscal Policy: How to Achieve it in Developed Countries?
skos:prefLabel
Pro-Growth Fiscal Policy: How to Achieve it in Developed Countries? Pro-Growth Fiscal Policy: How to Achieve it in Developed Countries?
skos:notation
RIV/61989100:27510/14:86090757!RIV15-MSM-27510___
n3:aktivita
n19:S
n3:aktivity
S
n3:dodaniDat
n9:2015
n3:domaciTvurceVysledku
n16:3624420
n3:druhVysledku
n10:D
n3:duvernostUdaju
n15:S
n3:entitaPredkladatele
n14:predkladatel
n3:idSjednocenehoVysledku
40169
n3:idVysledku
RIV/61989100:27510/14:86090757
n3:jazykVysledku
n4:eng
n3:klicovaSlova
Fiscal Policy, Government Expenditure, Tax Revenue, Economic Growth
n3:klicoveSlovo
n7:Fiscal%20Policy n7:Tax%20Revenue n7:Economic%20Growth n7:Government%20Expenditure
n3:kontrolniKodProRIV
[33682A5497B7]
n3:mistoKonaniAkce
Ostravice
n3:mistoVydani
Karviná
n3:nazevZdroje
Recenzovaný sborník příspěvků XII. mezinárodní vědecké konference Hospodářská politika v členských zemích Evropské unie : 16.-18. září 2014, Betline Forest Hotel, Ostravice
n3:obor
n8:AH
n3:pocetDomacichTvurcuVysledku
1
n3:pocetTvurcuVysledku
1
n3:rokUplatneniVysledku
n9:2014
n3:tvurceVysledku
Drobiszová, Agata
n3:typAkce
n6:EUR
n3:zahajeniAkce
2014-09-16+02:00
s:numberOfPages
9
n18:hasPublisher
Slezská univerzita v Opavě, Obchodně podnikatelská fakulta
n20:isbn
978-80-7510-045-0
n17:organizacniJednotka
27510