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Public Expenditure Evolution in EU4 Countries

Author

Listed:
  • Daniela-Georgeta BEJU

    („Babes-Bolyai” University)

  • Maria-Lenuta CIUPAC-ULICI

    (IPAG Business School, Paris & Commercial Academy)

Abstract

In contemporary society, the economy is the main pillar on which the state is based and life society is directly influenced by its evolution.So, development, or rather growth affects the smooth running of things, but this in turn is influenced by the decisions taken by individuals from government institutions, the ability of people to make profitable investments, but also to manage it more efficiently.The paper aims to highlight the importance of knowledge in public spending system, because the local communities or nations have to be awareness that nowhere can not consume more than they produce, and when this happens, the social-economic progress is endangered, so burden and poverty population are inevitable consequences. The study is based on analysis of public expenditure system in four Eastern European countries (Czech Republic, Romania, Slovakia, Hungary) in the period 2000-2013.

Suggested Citation

  • Daniela-Georgeta BEJU & Maria-Lenuta CIUPAC-ULICI, 2014. "Public Expenditure Evolution in EU4 Countries," Finante - provocarile viitorului (Finance - Challenges of the Future), University of Craiova, Faculty of Economics and Business Administration, vol. 1(16), pages 103-113, December.
    • Handle: RePEc:aio:fpvfcf:v:1:y:2014:i:16:p:103-113
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    File URL: http://feaa.ucv.ro/FPV/016-010.pdf
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    References listed on IDEAS

    as
    1. Durevall, Dick & Henrekson, Magnus, 2011. "The futile quest for a grand explanation of long-run government expenditure," Journal of Public Economics, Elsevier, vol. 95(7-8), pages 708-722, August.
    2. Enkelmann, Sören & Leibrecht, Markus, 2013. "Political expenditure cycles and election outcomes: Evidence from disaggregation of public expenditures by economic functions," Economics Letters, Elsevier, vol. 121(1), pages 128-132.
    3. Blanco-Moreno, Ángela & Urbanos-Garrido, Rosa M. & Thuissard-Vasallo, Israel John, 2013. "Public healthcare expenditure in Spain: Measuring the impact of driving factors," Health Policy, Elsevier, vol. 111(1), pages 34-42.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    public expenditure; economic growth; public sector; income;
    All these keywords.

    JEL classification:

    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • H57 - Public Economics - - National Government Expenditures and Related Policies - - - Procurement

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