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Some Comments About The Impact Of Population Ageing On Fiscal Indicators

Author

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  • Alina Cristina NUTA

    (Danubius University, Faculty of Economics and Business Administration, alinanuta@univ-danubius.ro, Galati, Romania,)

Abstract

This article aims to determine the impact that demographic changes have had during the 1995-2013 fiscal indicators such as the level of public expenditure, the total/social budget deficit or public debt in Romania. Population aging affects a number of categories of expenditures (social protection expenditure, the health care expenditure or long-term care), and government revenue, through many mechanisms.

Suggested Citation

  • Alina Cristina NUTA, 2014. "Some Comments About The Impact Of Population Ageing On Fiscal Indicators," Journal of Public Administration, Finance and Law, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 6(6), pages 188-194, December.
  • Handle: RePEc:aic:jopafl:y:2014:v:6:p:188-194
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    References listed on IDEAS

    as
    1. Jørgen Elmeskov, 2004. "Aging, Public Budgets, and the Need for Policy Reform," Review of International Economics, Wiley Blackwell, vol. 12(2), pages 233-242, May.
    2. Tosun, Mehmet Serkan, 2003. "Population aging and economic growth: political economy and open economy effects," Economics Letters, Elsevier, vol. 81(3), pages 291-296, December.
    3. Gonzalez-Eiras, Martín & Niepelt, Dirk, 2012. "Ageing, government budgets, retirement, and growth," European Economic Review, Elsevier, vol. 56(1), pages 97-115.
    4. Mihai-Bogdan PETRISOR, 2014. "Current Trends In Public Expenditure On Education," Journal of Public Administration, Finance and Law, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 5(5), pages 207-212, June.
    5. Florian Marcel Nuta, 2011. "Public environmental spending and the economic growth in Romania," EuroEconomica, Danubius University of Galati, issue 29, pages 109-113, August.
    6. Heinrich Hock & David Weil, 2012. "On the dynamics of the age structure, dependency, and consumption," Journal of Population Economics, Springer;European Society for Population Economics, vol. 25(3), pages 1019-1043, July.
    7. Katerina Lisenkova & Marcel Merette & Robert Wright, 2012. "The Impact of Population Ageing on the Labour Market: Evidence from Overlapping Generations Computable General Equilibrium (OLG-CGE) Model of Scotland (*)," Working Papers 1213, University of Strathclyde Business School, Department of Economics.
    8. Renuga Nagarajan & Aurora A.C. Teixeira & Sandra T. Silva, 2013. "The impact of an ageing population on economic growth: an exploratory review of the main mechanisms," FEP Working Papers 504, Universidade do Porto, Faculdade de Economia do Porto.
    9. repec:edn:sirdps:373 is not listed on IDEAS
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    More about this item

    Keywords

    population ageing; public spending; fiscal indicators;
    All these keywords.

    JEL classification:

    • H2 - Public Economics - - Taxation, Subsidies, and Revenue
    • H4 - Public Economics - - Publicly Provided Goods
    • H5 - Public Economics - - National Government Expenditures and Related Policies
    • H6 - Public Economics - - National Budget, Deficit, and Debt
    • H7 - Public Economics - - State and Local Government; Intergovernmental Relations

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