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Statements

Subject Item
n2:RIV%2F61989100%3A27510%2F14%3A86090791%21RIV15-MSM-27510___
rdf:type
skos:Concept n17:Vysledek
dcterms: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.
dcterms: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?
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?
skos:notation
RIV/61989100:27510/14:86090791!RIV15-MSM-27510___
n3:aktivita
n13:S
n3:aktivity
S
n3:dodaniDat
n7:2015
n3:domaciTvurceVysledku
n12:3624420
n3:druhVysledku
n15:D
n3:duvernostUdaju
n8:S
n3:entitaPredkladatele
n14:predkladatel
n3:idSjednocenehoVysledku
18508
n3:idVysledku
RIV/61989100:27510/14:86090791
n3:jazykVysledku
n16:eng
n3:klicovaSlova
Government Expenditure, Economic Growth, Fiscal Policy, Tax Revenue
n3:klicoveSlovo
n10:Tax%20Revenue n10:Economic%20Growth n10:Government%20Expenditure n10:Fiscal%20Policy
n3:kontrolniKodProRIV
[CBC92706F075]
n3:mistoKonaniAkce
Vídeň
n3:mistoVydani
[Rakousko]
n3:nazevZdroje
4th International Scientific Conference on Taxes in the World
n3:obor
n18:AH
n3:pocetDomacichTvurcuVysledku
1
n3:pocetTvurcuVysledku
1
n3:rokUplatneniVysledku
n7:2014
n3:tvurceVysledku
Drobiszová, Agata
n3:typAkce
n9:WRD
n3:zahajeniAkce
2014-12-11+01:00
s:numberOfPages
14
n20:hasPublisher
European Association Comenius
n6:isbn
978-80-905405-0-7
n4:organizacniJednotka
27510