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Ευρωπαϊκή Δημοσιονομική Πολιτική Και Οικονομική Μεγέθυνση: Η Νεοκλασική Οικονομική Θεωρία Για Την Περίπτωση Της Ελλάδας
[European Fiscal Policy and Economic Growth: The Neoclassical Economic Theory in the Case of Greece]

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  • Koumparoulis, Dimitrios

Abstract

The purpose of this thesis is to describe the influence of the Common European Fiscal Framework (Maastricht Treaty) on the Economic Growth of Greece. Under specific hypotheses, we use the standard neoclassical growth theory model of Ramsey – Cass – Koopmans. For a period of 2000 till 2006, the estimated results show that Greece faces a significant divestment on its physical capital.

Suggested Citation

  • Koumparoulis, Dimitrios, 2006. "Ευρωπαϊκή Δημοσιονομική Πολιτική Και Οικονομική Μεγέθυνση: Η Νεοκλασική Οικονομική Θεωρία Για Την Περίπτωση Της Ελλάδας [European Fiscal Policy and Economic Growth: The Neoclassical Economic Theory," MPRA Paper 44310, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:44310
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    More about this item

    Keywords

    RCK Model; Common European Fiscal Framework; Economic Growth; divestment; Greece;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • E13 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Neoclassical

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