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Fiscal Policy and Growth in the Context of European Integration

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  • Masson, P.

Abstract

The paper considers the issue of whether a supranational fiscal policy in Europe is needed, and, is so what responsibilities it should undertake. The literature on endogenous growth and the principle of subsidiarity suggest that such a policy should be limited to externalities or economies of scale not captured at the national level.

Suggested Citation

  • Masson, P., 2000. "Fiscal Policy and Growth in the Context of European Integration," Papers 7, Warwick - Development Economics Research Centre.
  • Handle: RePEc:fth:warwde:7
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    References listed on IDEAS

    as
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    Cited by:

    1. Alberto Majocchi, 2008. "Theories of fiscal federalism and the European experience," ISAE Working Papers 100, ISTAT - Italian National Institute of Statistics - (Rome, ITALY).
    2. Patrick BISCIARI & Alain DURRE & Alain NYSSENS, 2003. "Stock Market Valuation In The United States," Finance 0312011, University Library of Munich, Germany.
    3. Fritz Breuss, 2001. "Towards a Political Economy of Zero Budgeting in Austria," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 28(1), pages 41-67, March.
    4. Hefeker, Carsten, 2003. "Ressourcenverteilung in der EU: Eine polit-ökonomische Perspektive," HWWA Discussion Papers 252, Hamburg Institute of International Economics (HWWA).
    5. Monga, Celestin, 2004. "Latvia's macroeconomic options in the medium term : fiscal and monetary challenges of European Union membership," Policy Research Working Paper Series 3307, The World Bank.
    6. Vratislav Izák, 2011. "The Welfare State and Economic Growth," Prague Economic Papers, Prague University of Economics and Business, vol. 2011(4), pages 291-308.
    7. Ivo Maes, 2002. "On the origins of the Franco-German EMU controversies," Working Paper Research 34, National Bank of Belgium.
    8. George VAN GASTEL & François COPPENS & Hilde MEERSMAN & Nathalie SELLEKAERTS & Eddy VAN DE VOORDE & Thierry VANELSLANDER & Ann VERHETSEL, 2010. "Economic Impact of Port Activity: A Disaggregate Analysis. The Case of Antwerp," Regional and Urban Modeling 284100044, EcoMod.
    9. Ismael Sanz & Francisco J. Velázquez, 2006. "Has European Economic Integration Affected The Functional Composition Of Government Expenditures?," Contemporary Economic Policy, Western Economic Association International, vol. 24(2), pages 300-315, April.
    10. Luc Aucremann & David Cornille, 2001. "Attractive prices and euro-rounding effects on inflation," Working Paper Document 17, National Bank of Belgium.

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    More about this item

    Keywords

    FISCAL POLICY ; ECONOMIC GROWTH;

    JEL classification:

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

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