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Analysis of theoretical approaches to the regulatory functions of fiscal policy

Author

Listed:
  • Javid Seyfullali

    (Doctoral student at the Azerbaijan State University of Economics, International Master's and Doctoral Center)

Abstract

Quite often in economics, there are sharply different empirical arguments about the necessity and consequences of state intervention in economic processes through fiscal or other regulatory instruments. The short-term and long-term effects of the regulatory function of the state's fiscal policy on the national economy, the nature of the relationship between fiscal policy and its components and economic growth remain at the center of scientific discussions today as one of the topical objects of economic science research...

Suggested Citation

  • Javid Seyfullali, 2023. "Analysis of theoretical approaches to the regulatory functions of fiscal policy," The Scientific-Analytical Journal "Economic Reforms", Center for Analysis of Economic Reforms and Communication of the Republic of Azerbaijan, vol. 2023(3), pages 88-99, November.
    • Handle: RePEc:azr:reform:v:2023:y:2023:i:3:p:88-99
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    More about this item

    Keywords

    fiscal policy; economic growth; Azerbaijan economy; non-oil GDP;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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