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Highlighting the Response of Real Economy to the Changes of Fiscal Policy Variables. The Romanian Case

Author

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  • Lobonþ Oana-Ramona

    () (West University of Timisoara, Faculty of Economics and Business Administration)

Abstract

In this paper fiscal policy is defined through the totality of government decisions in which it builds and shapes the state's fiscal system, in line with the financial - monetary objectives and expectations, drawing on the resources needed to cover public expenditure. Also addressing the tax policy, will take into account the decisions manifested in the socio-economic plan, on the correction and guidance of market mechanism and influence the redistribution of gross domestic product, in a desired direction of the economic behavior of various categories of taxpayers but with certain limits. In this article, for highlight the response of real economy to the changes of fiscal policy variables, is used the classification of tax revenues according to the nature of their distortion, in the 1993-2013 period.

Suggested Citation

  • Lobonþ Oana-Ramona, 2011. "Highlighting the Response of Real Economy to the Changes of Fiscal Policy Variables. The Romanian Case," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 1170-1175, May.
  • Handle: RePEc:ovi:oviste:v:11:y:2011:i:1:p:1170-1175
    as

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    File URL: http://stec.univ-ovidius.ro/html/anale/RO/cuprins%20rezumate/rezumate2011p1.pdf
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    References listed on IDEAS

    as
    1. Grigorescu, Adriana, 2009. "Renewal marketing management in public and business organizations," MPRA Paper 25128, University Library of Munich, Germany.
    2. Nicolae Al. Pop & Anca-Daniela Vl?doi, 2009. "The marketer-a complex specialist, a man of concept, decision and action," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 11(25), pages 9-20, February.
    3. Kaplan, Andreas M. & Haenlein, Michael, 2009. "The increasing importance of public marketing: Explanations, applications and limits of marketing within public administration," European Management Journal, Elsevier, vol. 27(3), pages 197-212, June.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    fiscal policy; sustainability; budget revenues and expenditures;

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • H22 - Public Economics - - Taxation, Subsidies, and Revenue - - - Incidence
    • H3 - Public Economics - - Fiscal Policies and Behavior of Economic Agents

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