Theoretical and Applied Economics
No. 7 / 2008 (524)
The Correlation between Fiscal Policy and Economic Growth
Iulian Brasoveanu
Academia de Studii Economice, Bucuresti
Abstract. The analysis of the correlation between fiscal policy and economic growth represents an important and very debated topic in the theoretical and empirical literature. In this study we test the correlation between fiscal policy and economic growth in Romania, for the period 1990-2007. The correlation pattern between the real growth rate of the GDP and the categories of budgetary revenues reveals a link of negative causality between the economic growth and fiscal revenues.
Keywords: fiscal policy; economic growth; budgetary revenues; taxes.
Contents
- Assets. Biological Assets. The Seasonal Model in Agriculture
Atanasiu Pop
Sorin-Constantin Deaconu
- The Correlation between Fiscal Policy and Economic Growth
Laura Obreja Brasoveanu
Iulian Brasoveanu
- The Analysis of the Potential Environmental Benefits by Investigating the Hedonistic Price
Giani Gradinaru
Raluca Ignat
- New Trends for Re-design the IT Companies
Gheorghe Basanu
Florin Ionita
Daniel Savin