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Growth Effects of Fiscal Policies - A Comparative Analysis in a Multi-Country Context

Author

Listed:
  • Martijn Brons

    (Vrije Universiteit Amsterdam)

  • Henri L.F.M. de Groot

    () (Vrije Universiteit Amsterdam)

  • Peter Nijkamp

    () (Vrije Universiteit Amsterdam)

Abstract

The potential interactions among fiscal policies, investments and economicgrowth are complex and manifold.In this paper, we will perform a systematic comparative analysis of the variouseconomic insights that arecurrently available on these complex relationships, both theoretically (by aselective literature review) andempirically (by investigating available data from various countries). Despitethe wide variety of potentialtheoretical relationships between government expenditures, taxation and growth,most empirical analyses arerestricted to simple linear regressions of growth on some measure of governmentexpenditures. Based onempirical experiments, we will indicate directions for future empirical researchthat may enrich our knowledgeon the complex relationship between fiscal policies and economic growth, notonly nationally but also regionally.

Suggested Citation

  • Martijn Brons & Henri L.F.M. de Groot & Peter Nijkamp, 1999. "Growth Effects of Fiscal Policies - A Comparative Analysis in a Multi-Country Context," Tinbergen Institute Discussion Papers 99-042/3, Tinbergen Institute.
  • Handle: RePEc:tin:wpaper:19990042
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    References listed on IDEAS

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    Cited by:

    1. Giuseppe Di Liddo & Cosimo Magazzino & Francesco Porcelli, 2015. "Decentralization, Growth And Optimal Government Size In The Italian Regional Framework," Working Papers 0115, CREI Università degli Studi Roma Tre, revised 2015.

    More about this item

    Keywords

    fiscal policy; government spending; taxation; economic growth; comparative analysis;

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O23 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Fiscal and Monetary Policy in Development
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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