Similar Search Results

Cafiso, Gianluca; Cellini, Roberto - 2018

We study whether and how much the interest bill conditions the size and composition of public expenditures. The group of EU 15 countries over the 1995-2016 period is the object of analysis. We study both total public expenditures and public expenditures by function of government in order to...

Persistent link: https://www.econbiz.de/10011872946

Using a 'Debt Brake' to Solve Colorado's Debt Crisis

Merrifield, John D. - 2019

In recent years debt in Colorado has increased at an unsustainable rate. A debt brake is simulated for the Colorado economy. When the debt brake is triggered the spending cap imposed by the Tabor Amendment is reduced, with surplus revenue earmarked for debt reduction. The simulation analysis...

Persistent link: https://www.econbiz.de/10012858154

Can We Avoid a Sick Fiscal Future? The Non-Sustainability of Health-Care Spending with an Aging Population

Emery, J. C. Herbert; Still, David; Cottrell, Thomas J. - 2012

Funding for Canadian public health care has long relied on a “pay-as-you-go” funding model: for the most part, government pays for health costs each year from taxes collected in that fiscal year with effectively nothing put aside for projected rising health-care costs in the future. But the...

Persistent link: https://www.econbiz.de/10014164568

Procyclical and countercyclical fiscal policies in non-euro EU member countries

Iancu, Aurel; Olteanu, Dan - 2022

The aim of this study is to determine the nature of the discretionary fiscal policy practiced by non-euro EU member states, namely to deduce some bias for one of the two types of fiscal policies - procyclical or countercyclical. For this purpose, we used time series for the period 1995-2020, of...

Persistent link: https://www.econbiz.de/10013472810

Are Expenditure Cuts the Only Effective Way to Achieve Successful Fiscal Adjustment

Wiese, Rasmus - 2017

We re-examine the conventional view that to be successful, fiscal adjustments should rely on spending cuts and not on tax increases. We apply the Bai-Perron structural break filter instead of ad hoc rules to identify fiscal adjustments and their successfulness in 20 OECD countries. Our results...

Persistent link: https://www.econbiz.de/10012971356

Fiscal deficit and its impact on economic growth : evidence from Bangladesh

Hussain, Mohammed Ershad; Haque, Mahfuzul - In: Economies : open access journal 5 (2017) 4, pp. 1-19

GDPGR, supporting the Keynesian theory, while findings from the VECM for World Bank data indicate that the impact of Fiscal … Deficit (FD) on GDPGR is mild but negative and significant at the 5% level. This contradicts the Keynesian theory, but is in … accord with Neo-classical theory which asserts that fiscal deficits lead to a drop in the GDP. Nevertheless, the government …

Persistent link: https://www.econbiz.de/10011772348

Impact of government expenditure on economic growth in different states in South Africa

Buthelezi, Eugene Msizi - In: Cogent economics & finance 11 (2023) 1, pp. 1-17

This paper investigates the impact of long-run government expenditure and economic growth in different states in South Africa. Economic growth has been below the policy target of 5% stipulated in the National Development Plan Vision 2030, while government expenditure growth has been volatile but...

Persistent link: https://www.econbiz.de/10014500814

Government Expenditures and Economic Growth : A Cointegration Analysis for Thailand under the Floating Exchange Rate Regime

Jiranyakul, Komain - 2020

Contributing to the controversial issue on the impact of government spending on economic growth, this paper shows that government spending has both long-run and short-run impacts in stimulating aggregate output in Thailand during the floating exchange rate regime. In addition, real money supply...

Persistent link: https://www.econbiz.de/10012834515

Error correction model for analysis of influence of fiscal policy on economic growth in EU

Voda, Alina Daniela; Dobrotă, Gabriela; Dobrotă, Dan; … - In: Journal of business economics and management 23 (2022) 3, pp. 586-605

Ensuring fiscal sustainability in the Member States of the European Union has become an extremely important goal in the current economic context. The formulation of appropriate policies can lead to fiscal consolidation, and the manifestation of a fiscal shock with direct implications on national...

Persistent link: https://www.econbiz.de/10013259236

Is there asymmetry in the relationship between government consumption dynamics and economic activity? : evidence from G7 economies

Senekovič, Marko - In: Naše gospodarstvo : NG 67 (2021) 4, pp. 1-12

In this paper, based on a quarterly dataset of G7 countries with the application of a nonlinear ARDL model we test for the presence of a short-run and long-term asymmetry in the relationship between government spending and economic activity. The main aim of this study is to analyze the...

Persistent link: https://www.econbiz.de/10012887168