Theoretical and Applied Economics
No. 9 / 2006 (504)
Empiric Study about the Mix Fiscal Policy – Economic Development
Universitatea de Vest din Timisoara
Abstract. Economic development is one of the primary objectives of any government. Fiscal policy represents one of the most effective tools that government authorities could use in order to influence the economy. Having this in mind, this paper focuses on the connection between economic development and fiscal policy and proposes an empirical study based on a sample of 21 European countries. Using a simple pool data model, we tried to distinguish the relations between the evolution of GDP per capita, as a proxy for economic development, and the evolution of three fiscal policy variables, namely the tax burden, the public expenditure to GDP ratio and the budget deficit to GDP ratio.
Keywords: fiscal policy; economic development; pool data models.
Contents
- Empiric Study about the Mix Fiscal Policy – Economic Development
Alexandru Sergiu Ocnean
- New Optics in Analysis and Work Estimation of Abroad Romanian Citizens
Nita Dobrota
Mirela Ionela Aceleanu
- Innovation Policy in European Union
Marta-Christina Suciu
- Validation Techniques of the Intern Models for Credit Risk
Nicolae Dardac
Bogdan Moinescu
- The Financial Crisis between the XXth and XXIst Centuries and the Corporate Governance
Niculae Feleaga
- Romanian Capital Market Analysis in 2006. Perspectives for 2007
Gabriela Victoria Anghelache
- Foundations of Financial Accounting Organization and Cost Calculation using Activity-Based Costing Method in Romanian Textile Industry
Sorinel Capusneanu
- Budgetary Policy and Seignorage
Liviu-Catalin Moraru
Corina-Ionela Dumitrescu