. "9"^^ . . . "1"^^ . . . . "Pro-Growth Fiscal Policy: How to Achieve it in Developed Countries?" . . "Drobiszov\u00E1, Agata" . "1"^^ . "40169" . "RIV/61989100:27510/14:86090757" . "Ostravice" . . . "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."@en . "Karvin\u00E1" . "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." . "[33682A5497B7]" . "Fiscal Policy, Government Expenditure, Tax Revenue, Economic Growth"@en . . . "Pro-Growth Fiscal Policy: How to Achieve it in Developed Countries?" . . "S" . "RIV/61989100:27510/14:86090757!RIV15-MSM-27510___" . . . "27510" . "Pro-Growth Fiscal Policy: How to Achieve it in Developed Countries?"@en . . "2014-09-16+02:00"^^ . "Slezsk\u00E1 univerzita v Opav\u011B, Obchodn\u011B podnikatelsk\u00E1 fakulta" . . "978-80-7510-045-0" . "Pro-Growth Fiscal Policy: How to Achieve it in Developed Countries?"@en . "Recenzovan\u00FD sborn\u00EDk p\u0159\u00EDsp\u011Bvk\u016F XII. mezin\u00E1rodn\u00ED v\u011Bdeck\u00E9 konference Hospod\u00E1\u0159sk\u00E1 politika v \u010Dlensk\u00FDch zem\u00EDch Evropsk\u00E9 unie : 16.-18. z\u00E1\u0159\u00ED 2014, Betline Forest Hotel, Ostravice" .