Schneider, Ondrej - In: Czech Journal of Economics and Finance (Finance a uver) 57 (2007) 7-8, pp. 304-323
heterogeneous. The budget priorities should be re-oriented toward growth enhancing spending programs. A simple economic growth model … illustrates that the EU budget is, at best, neutral with respect to EU-wide long-term growth potential, and may actually hamper … growth in the majority of member states if the distortionary nature of taxation is taken into account. …