Starting from endogenous growth models we test the impacts of both taxes (distortionary and non-distortionary) and expenditures (taking into account economic and functional classification of general government expenditure) using the government constraint. We do not neglect the implicit financing...

Economic growth and economic level belong among the most monitored economic figures as they give evidence of the level of both the economic activity and performance of a country as well as of the level of the economic development at which a given state or region finds itself. Within the EU...

The Middle European Economics have been being very successful for long time. It is time to "ex post" evaluation of the Investment Incentives policy that has been broadly used. Linear Mathematical Programming is able to distinguish which of examined units are efficient and which are not. In this...

This article focuses on common and different attributes of education and health from economic and social perspective. Education and health are not usually analyzed together so this could be considered to be an innovative approach. Article contains knowledge which reflects empirically known...

Economic growth of the Czech Republic differed strongly in two periods: 2001-2003 and 2004-2006. While in the first period the average annual rate of growth of GDP reached only 2,7 %, in the second period the growth accelerated to 5,7 %. The economic growth measured by the indicators of real...

The paper works with assumptions, that the conclusions of mainstream approaches to the growth theory are problematical; there are alternative social-economic approaches to the theory of economic growth that offer more plausible explanations of the fundamental economic questions than the...