Vplyv spôsobu tvorby fiškálneho deficitu na ekonomický rast

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dc.contributor.authorMurín, Martin
dc.date.accessioned2016-06-15T08:18:46Z
dc.date.available2016-06-15T08:18:46Z
dc.date.issued2016
dc.description.abstract-enThe discussion of influence of fiscal consolidation on economic growth is quite interesting and important topic. Consequently, the main aim of the article is to determine diff erences within the influence of fiscal deficit on the economic growth, which is caused by changes in certain groups of government expenditures and revenues. We focus on two different economic growth indicators. The first is growth rate of real GDP and the second is growth rate of potential output. The panel regression method is used which data covers 13 old EU member states in 1996 to 2013. We employ the omitted fiscal variable approach. There is a hint that every deficit to revenue substitution has no significant growth effect. The results of expenditures imply, that government should reduce deficit created by debt service. The measure has relatively stronger effect on supply side. Potential output growth can also be supported by the deficit decrease of social expenditures. Lowering government consumption is detrimental to GDP, but it is not to potential output. There are some differences between results of two types of growth. Hence government should decide, if consolidation effect is considered against GDP or potential output at first.cs
dc.description.firstpage176cs
dc.description.issue2cs
dc.description.lastpage192cs
dc.description.sourceWeb of Sciencecs
dc.description.volume64cs
dc.format.extent331429 bytes
dc.format.mimetypeapplication/pdf
dc.identifier.citationPolitická ekonomie. 2016, roč. 64, č. 2, s. 176-192.cs
dc.identifier.doi10.18267/j.polek.1062
dc.identifier.issn0032-3233
dc.identifier.issn2336-8225
dc.identifier.urihttp://hdl.handle.net/10084/111654
dc.identifier.wos000375021600004
dc.language.isoskcs
dc.publisherVysoká škola ekonomická v Prazecs
dc.relation.ispartofseriesPolitická ekonomiecs
dc.relation.urihttp://www.vse.cz/polek/download.php?jnl=polek&pdf=1062.pdfcs
dc.rightsCreative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License
dc.rights.accessopenAccess
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subjectfiscal deficitcs
dc.subjecteconomic growthcs
dc.subjectconsolidationcs
dc.subjectgovernment revenuescs
dc.subjectgovernment expenditurescs
dc.titleVplyv spôsobu tvorby fiškálneho deficitu na ekonomický rastcs
dc.title.alternativeThe influence of fiscal deficit creation on economic growthcs
dc.typearticlecs
dc.type.statusPeer-reviewedcs

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