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Politica fiscala si output-urile sociale: cazul U.E

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  • Talpos, Ioan
  • Dima, Bogdan
  • Mutascu, Mihai
  • Enache, Cosmin

Abstract

The aim of this paper is to emphasize how the correlations between fiscal policy and economic growth are manifesting in the U.E. case. After theoretical framework, the paper is organized as follows: Section 2 tries to provide a model at micro economic level for the interconnections between fiscal policy and economic growth and Section 3 looks for same empirical evidences for the EU 25 case. Finally, some conclusions are drawn and some limits of the proposed analysis are derived in Section 4.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 9741.

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Date of creation: May 2008
Date of revision: Jun 2008
Handle: RePEc:pra:mprapa:9741

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Keywords: fiscal policy; economic growth; effects; European Union;

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  1. Giavazzi, Francesco & Pagano, Marco, 1990. "Can Severe Fiscal Contractions Be Expansionary? Tales of Two Small European Countries," CEPR Discussion Papers 417, C.E.P.R. Discussion Papers.
  2. Ohlsson, H. & Agell, J. & Lindh, T., 1995. "Growth and the Public Sector: A Critical Review Essay," Papers 1995-09, Uppsala - Working Paper Series.
  3. Stephen M. Miller & Frank S. Russek, 1989. "Are The Twin Deficits Really Related?," Contemporary Economic Policy, Western Economic Association International, vol. 7(4), pages 91-115, October.
  4. Barro, R.J., 1988. "Government Spending In A Simple Model Of Endogenous Growth," RCER Working Papers 130, University of Rochester - Center for Economic Research (RCER).
  5. Judd, Kenneth L, 1985. "On the Performance of Patents," Econometrica, Econometric Society, vol. 53(3), pages 567-85, May.
  6. Shantayanan Devarajan & Vinaya Swaroop & Heng-fu Zou, 1996. "The composition of public expenditure and economic growth," CEMA Working Papers 77, China Economics and Management Academy, Central University of Finance and Economics.
  7. Robert J. Barro, 1989. "Economic Growth in a Cross Section of Countries," NBER Working Papers 3120, National Bureau of Economic Research, Inc.
  8. de la Fuente, Angel, 1997. "Fiscal Policy and Growth in the OECD," CEPR Discussion Papers 1755, C.E.P.R. Discussion Papers.
  9. Durlauf, Steven N., 2001. "Manifesto for a growth econometrics," Journal of Econometrics, Elsevier, vol. 100(1), pages 65-69, January.
  10. Kneller, Richard & Bleaney, Michael F. & Gemmell, Norman, 1999. "Fiscal policy and growth: evidence from OECD countries," Journal of Public Economics, Elsevier, vol. 74(2), pages 171-190, November.
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