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Growth Effects of Fiscal Policies - A Comparative Analysis in a Multi-Country Context

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Author Info

  • Martijn Brons

    (Vrije Universiteit Amsterdam)

  • Henri L.F.M. de Groot

    () (Vrije Universiteit Amsterdam)

  • Peter Nijkamp

    () (Vrije Universiteit Amsterdam)

Abstract

The potential interactions among fiscal policies, investments and economic growth are complex and manifold. In this paper, we will perform a systematic comparative analysis of the various economic insights that are currently available on these complex relationships, both theoretically (by a selective literature review) and empirically (by investigating available data from various countries). Despite the wide variety of potential theoretical relationships between government expenditures, taxation and growth, most empirical analyses are restricted to simple linear regressions of growth on some measure of government expenditures. Based on empirical experiments, we will indicate directions for future empirical research that may enrich our knowledge on the complex relationship between fiscal policies and economic growth, not only nationally but also regionally.

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Bibliographic Info

Paper provided by Tinbergen Institute in its series Tinbergen Institute Discussion Papers with number 99-042/3.

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Date of creation: 08 Jun 1999
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Handle: RePEc:dgr:uvatin:19990042

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Keywords: fiscal policy; government spending; taxation; economic growth; comparative analysis;

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References

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Cited by:
  1. Maria Rosaria Alfano, 2005. "Tax Competition in EU implies EMTR different: some effects on FDI and Economic Growth Rate," Public Economics 0510015, EconWPA.
  2. Tatiana Fic & Chetan Ghate, 2004. "The Welfare State, Thresholds, and Economic Growth," Discussion Papers of DIW Berlin 424, DIW Berlin, German Institute for Economic Research.
  3. Nikos Benos, 2005. "Fiscal Policy and Economic Growth: Empirical Evidence from OECD," University of Cyprus Working Papers in Economics 1-2005, University of Cyprus Department of Economics.

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