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The impact of globalization on the composition of government expenditures : evidence from panel data

Dreher, Axel (contributor); Sturm, Jan-Egbert (contributor); … - 2006

According to the disciplining hypothesis, globalization restrains governments by inducing increased budgetary pressure … globalization ("compensation hypothesis"). Employing two different datasets and various measures of globalization, we analyze … whether globalization has indeed influenced the composition of government expenditures. For a sample of 108 countries, we …

Persistent link: https://www.econbiz.de/10003348652

The Impact of Globalization on the Composition of Government Expenditures : Evidence from Panel Data

Dreher, Axel - 2006

According to the disciplining hypothesis, globalization restrains governments by inducing increased budgetary pressure … globalization (quot;compensation hypothesisquot;). Employing two different datasets and various measures of globalization, we … analyze whether globalization has indeed influenced the composition of government expenditures. For a sample of 108 countries …

Persistent link: https://www.econbiz.de/10012779699

The Impact of Globalization on the Composition of Government Expenditures : Evidence from Panel Data

Dreher, Axel; Sturm, Jan-Egbert; Ursprung, Heinrich W. - 2007

Persistent link: https://www.econbiz.de/10014056044

Dynamic fiscal competition : a political economy theory

Arcalean, Calin - 2019

I develop a political economy theory of dynamic fiscal competition via public spending and debt. With internationally mobile capital, strategic policies generate two cross-border externalities that voters in each country fail to internalize: (1) an increase in public spending that bolsters...

Persistent link: https://www.econbiz.de/10011977194

Fiscal Influences on Inflation in OECD Countries, 2020-2022

Barro, Robert J.; Bianchi, Francesco - National Bureau of Economic Research - 2023

The fiscal theory of the price level (FTPL) has been active for 30 years, and the interest in this theory grew with the recent global surges in inflation and government spending. This study applies the FTPL to 37 OECD countries for 2020-2022. The theory's centerpiece is the government's...

Persistent link: https://www.econbiz.de/10014436969

The output effect of fiscal consolidation plans

Alesina, Alberto; Favero, Carlo A.; Giavazzi, Francesco - 2014 - This version: October 2014

We show that the correct experiment to evaluate the effects of a fiscal adjustment is the simulation of a multi year fiscal plan rather than of individual fiscal shocks. Simulation of fiscal plans adopted by 16 OECD countries over a 30-year period supports the hypothesis that the effects of...

Persistent link: https://www.econbiz.de/10010463614

Fiscal decentralization and fiscal policy : an economic analysis

Baskaran, Thushyanthan - 2009

Persistent link: https://www.econbiz.de/10003968135

The impact of globalization on the composition of government expenditures : evidence from panel data

Dreher, Axel; Sturm, Jan-Egbert; Ursprung, Heinrich W. - In: Public choice 134 (2008) 3/4, pp. 263-292

Persistent link: https://www.econbiz.de/10003680258

The impact of globalization on the composition of government expenditures : evidence from panel data

Dreher, Axel; Sturm, Jan-Egbert; Ursprung, Heinrich W. - 2006

According to the disciplining hypothesis, globalization restrains governments by inducing increased budgetary pressure … globalization (compensation hypothesisʺ). Employing two different datasets and various measures of globalization, we analyze whether … globalization has indeed influenced the composition of government expenditures. For a sample of 108 countries, we examine the …

Persistent link: https://www.econbiz.de/10003361451

The impact of globalization on the composition of government expenditures : evidence from panel data

Dreher, Axel (contributor); Sturm, Jan-Egbert (contributor); … - 2006

Persistent link: https://www.econbiz.de/10003364513