WHAT TYPE OF REVENUE NOURISHES THE INCREASE OF FISCAL REDISTRIBUTION AMONG EUROPEAN COUNTRIES?

被引:0
|
作者
Kastan, Milan [1 ]
机构
[1] VSB Tech Univ Ostrava, Fac Econ, Ostrava 70121, Czech Republic
关键词
Fiscal Policy; Redistribution Function; Social Expenditures; Taxes by the Economic Function;
D O I
暂无
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
Aim of this paper is to find out what type of government revenue drives the increase of redistribution policy. European Union member countries with the addition of Iceland and Norway are assessed for 1995 - 2012 period. Public budget revenues are divided into three main categories - taxes on consumption, labor, and capital. These are, together with public budget balance, used to explain growth in redistribution. Annual panel data were used to perform regression analysis. It was find out that even though increase of redistribution is related with increase of share of labor related revenues, the main source of increase is the debt financing. We recommend to supervise the relation between debt financing and fiscal redistribution during upcoming recovery period.
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页码:69 / 77
页数:9
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