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public expenditures especially those responding to market failures tend to be favorable to growth, most taxes are growth …
Persistent link: https://www.econbiz.de/10009307545
public expenditures – especially those responding to market failures – tend to be favorable to growth, most taxes are growth …
Persistent link: https://www.econbiz.de/10009278206
public expenditures – especially those responding to market failures – tend to be favorable to growth, most taxes are growth …
Persistent link: https://www.econbiz.de/10011957702
New indicators measuring the effects of public spending on inclusive growth have been constructed using recent empirical work by Fournier and Johansson (2016) and a recent public finance dataset (Bloch et al., 2016). A first set of indicators combines information on the mix of public spending....
Persistent link: https://www.econbiz.de/10011914165
This paper compares the effects of government consumption and government debt on economic growth by using data from 83 countries, including both developed and developing markets, over the period between 1960 and 2014. Linear regressions reveal that the negative effects of government consumption...
Persistent link: https://www.econbiz.de/10012855262
One of the main functions of public debt is to smooth taxes and spending over time. In the Covid crisis, the Maastricht …
Persistent link: https://www.econbiz.de/10012796971
, the available evidence also supports the hypothesis that some taxes are more distortionary than others, with income taxes … found to be more harmful for growth than consumption and property taxes. However, a tax shift from income towards … consumption taxes has equity implications, since income taxes are generally more progressive than other taxes. The effect of a …
Persistent link: https://www.econbiz.de/10011578194
Public spending has effects which are complex to trace and difficult to quantify. But the composition of public expenditure has become the key instrument by which development agencies seek to promote economic development. In recent years, the development assistance to heavily indebted poor...
Persistent link: https://www.econbiz.de/10014064921
The EU's Lisbon strategy of 2000 (renewed in 2005) calls for substantial improvements in the quality and sustainability of public finance. In this context, the current study concentrates on the growth potential of public expenditures. National Reform Programs are analyzed in order to draw...
Persistent link: https://www.econbiz.de/10013123405
Public spending has effects on growth and distribution which are complex to trace and difficult to quantify. But the composition of public expenditure has become the key instrument by which development agencies seek to promote economic development. In recent years, the development assistance to...
Persistent link: https://www.econbiz.de/10013108590