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The Correlation between Fiscal Policy and Economic Growth

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Author Info
Laura Obreja Brasoveanu (Academy of Economic Studies, Bucharest)
Iulian Brasoveanu (Academy of Economic Studies, Bucharest)

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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.

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Publisher Info
Article provided by Asociatia Generala a Economistilor din Romania - AGER in its journal Theoretical and Applied Economics.

Volume (Year): 7(524) (2008)
Issue (Month): 7(524) (July)
Pages: 19-26
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Handle: RePEc:agr:journl:v:7(524):y:2008:i:7(524):p:19-26

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Related research
Keywords: fiscal policy; economic growth; budgetary revenues; taxes.;

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This page was last updated on 2009-11-25.


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