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Katsimi, Margarita; Sarantides, Vassilis - CESifo - 2009

This paper investigates the impact of fiscal policy on profits using panel data for 19 high-income OECD countries during the period 1975-1999. We estimate a profit equation in which profits depend on a set of fiscal variables. Our empirical method is based on a consistent treatment of the...

Persistent link: https://www.econbiz.de/10008596594

Productive Government Expenditure and Economic Growth

Irmen, Andreas; Kuehnel, Johanna - CESifo - 2008

We provide a comprehensive survey of the recent literature on the link between productive government expenditure and economic growth. Starting with the seminal paper of Robert Barro (1990) we show that an understanding of the core results of the ensuing contributions can be gained from the study...

Persistent link: https://www.econbiz.de/10005196238

Tax Interactions among Belgian Municipalities: Does Language Matter?

Gérard, Marcel; Jayet, Hubert; Paty, Sonia - CESifo - 2009

This paper tests the existence of strategic interactions among municipalities using a panel of Belgian local tax rates from 1985 to 2004. A special emphasis is put on the role of the language spoken in the various municipalities. Our results first confirm previous findings for Belgium suggesting...

Persistent link: https://www.econbiz.de/10005406425

Productivity Differences in OECD Countries

Pascual, Antonio I. Garcia - CESifo - 2000

This paper investigates cross-country productivity convergence at a sectoral level using multivariate unit-root tests … data. Third, when the null hypothesis of non convergence is rejected, a second test determines the number of converging … countries. Based on a sample of thirteen OECD countries our results show evidence of convergence in three out of six sectors …

Persistent link: https://www.econbiz.de/10005094386

How Efficient is the East German Economy? An Exploration With Micro Data

Funke, Michael; Rahn, Jörg - CESifo - 2000

The purpose of this paper is to evaluate the efficiency of the East German economy at the firm level using an unbalanced panel over the transition period 1994 to 1998. We adopt a translog stochastic frontier model to estimate technical efficiency in eastern and western Germany. The results...

Persistent link: https://www.econbiz.de/10005181620

Regional Inequality, Convergence, and its Determinants - A View from Outer Space

Lessmann, Christian; Seidel, André - CESifo - 2015

approximately 71-80% of all countries face sigma-convergence. Finally, we study different major determinants of the level of ….e., the determinants of the convergence process. We find evidence for an N-shaped relationship between development and …

Persistent link: https://www.econbiz.de/10011272626

Fiscal Policy During Business Cycles in Developing Countries: The Case of Africa

Leibfritz, Willi; Rottmann, Horst - CESifo - 2013

Fiscal positions of African countries have improved significantly during the past decade. Higher economic growth, better terms of trade, improved donor support notably through debt relief and better control of expenditure contributed to this improvement. But at the same time government revenue...

Persistent link: https://www.econbiz.de/10010718528

Regional Inequality and Decentralization - An Empirical Analysis

Lessmann, Christian - CESifo - 2011

This paper analyzes the impact of political and fiscal decentralization on regional inequalities using a unique data set which covers 56 countries at different stages of economic develop-ment. Cross-section and panel data estimations show that decentralization decreases regional inequalities in...

Persistent link: https://www.econbiz.de/10009293485

Spend-and-tax: A Panel Data Investigation for the EU

Afonso, António; Rault, Christophe - CESifo - 2009

Using bootstrap panel analysis, allowing for cross-country correlation, without the need of pre-testing for unit roots, we study the causality between government spending and revenue for the EU in the period 1960-2006. We find spend-and-tax causality for Italy, France, Spain, Greece, and...

Persistent link: https://www.econbiz.de/10005013057

Fiscal Policy Reaction to the Cycle in the OECD: Pro- or Counter-Cyclical?

Egert, Balazs - CESifo - 2012

This paper analyses the reaction of fiscal policy to the cycle in OECD countries. The results suggest that while overall government balances were counter-cyclical in the past and more so in economic downturns than in upswings, discretionary fiscal policy was neutral on average. However,...

Persistent link: https://www.econbiz.de/10010540250