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The Implications of Public Indebtedness on Public Expenditures in Romania

Author

Listed:
  • Zugravu Bogdan

    () (Faculty of Economics and Business Administration,“Al.I.Cuza” University of Iasi)

  • Dobranschi Marian

    () (Faculty of Economics and Business Administration,“Al.I.Cuza” University of Iasi)

Abstract

In this article we analyze which are the mutations of public debt stock and public debt service on the structure of public expenditures. We use functional classification of public expenditures and observe their evolution by using multiple regression equation in order to emphasize the shifts of public expenditures as a response at public debt service and its stock variations along with other macroeconomic indicators which bear a significant influence on public expenditures dynamic.

Suggested Citation

  • Zugravu Bogdan & Dobranschi Marian, 2012. "The Implications of Public Indebtedness on Public Expenditures in Romania," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 1783-1788, May.
  • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:12:p:1783-1788
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    More about this item

    Keywords

    Public debt; public debt service; public expenditures; functional classification of public expenditures; public expenditures mutations;

    JEL classification:

    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
    • H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt
    • H68 - Public Economics - - National Budget, Deficit, and Debt - - - Forecasts of Budgets, Deficits, and Debt
    • H69 - Public Economics - - National Budget, Deficit, and Debt - - - Other

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