Fiscal Policy And Economic Growth In Romania
AbstractThe connection between fiscal policy and economic growth is not a strong one, takinginto account that fiscal policy is not a fundamental source of growth. Even so, governmentauthorities could use fiscal policy to affect in an indirect manner the economic growth. We will tryto highlight this indirect connection and its strength on Romania’s case using a specificeconometric methodology which takes into account the restrictions imposed by the government’sbudget constraint and we will identify the specific fiscal policy measures which could enhanceeconomic growth in Romania.
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Bibliographic InfoArticle provided by Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia in its journal Annales Universitatis Apulensis Series Oeconomica.
Volume (Year): 1 (2009)
Issue (Month): 11 ()
Contact details of provider:
fiscal policy; economic growth; government budget constraint;
Find related papers by JEL classification:
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
- O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
- C20 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - General
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