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An Empirical Analysis of the Budget Deficit

Author

Listed:
  • Ioan Talpos
  • Bogdan Dima
  • Mihai Mutascu
  • Cosmin Enache

    (West University of Timisoara)

Abstract

Economic policies and, particularly, fiscal policies are not designed and implemented in an “empty space”: the structural characteristics of the economic systems, the institutional architecture of societies, the cultural paradigm and the power relations between different social groups define the borders of these policies. This paper tries to deal with these borders, to describe their nature and the implications of their existence to the fiscal policies’ quality and impact at a theoretical level as well as at an empirical one. The main results of the proposed analysis support the ideas that the mentioned variables matters both for the social mandate entrusted by the society to the state and thus to the role and functions of the state and for the economic growth as a support of the resources collected at distributed by the public authorities.

Suggested Citation

  • Ioan Talpos & Bogdan Dima & Mihai Mutascu & Cosmin Enache, 2007. "An Empirical Analysis of the Budget Deficit," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 11(11(516)), pages 15-36, November.
    • Handle: RePEc:agr:journl:v:11(516):y:2007:i:11(516):p:15-36
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    Citations

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    Cited by:

    1. Alexandru Avram & Veronel Avram & Roxana Adriana Hetes-Gavra, 2014. "Impact Of Cyclical Evolution On Budget Balance- Romania’S Case," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 1(42), pages 144-149.
    2. Arjocu Ana-Maria & Dronca Alexandru, 2015. "Measuring The Structural Budget Deficit In The European Union," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 147-153, February.
    3. Ioan Talpos & Alexandru Avram, 2013. "The Pro And Cons Of The New Treaty On Stability, Coordination And Governance In The Economic And Monetary Union," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 948-957, July.
    4. Roxana Ispas, 2014. "Budget amendment – cause and effect," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 14(1), pages 143-150.

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