THE CAUSAL RELATIONSHIP BETWEEN FISCAL POLICY AND ECONOMIC GROWTH: EVIDENCE FROM EMU COUNTRIES

被引：0

作者：

Dornean, Adina ^{[1
]}

Oanea, Dumitru-Cristian ^{[2
]}

机构：

[1] Alexandru Ioan Cuza Univ, Iasi, Romania

[2] Bucharest Univ Econ Studies, Bucharest, Romania

来源：

EURO AND THE EUROPEAN BANKING SYSTEM: EVOLUTIONS AND CHALLENGES | 2015年

关键词：

fiscal policy; EMU; financial crisis;

D O I：

暂无

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

Fiscal policy is an important tool in the hand of the central authorities in order to influence the economic activity. Recently, fiscal policy become a common problem throughout Europe, and therefore is treated by international regulation. In 2011, the European Commission emphasized the importance of fiscal policy harmonization within the European Union (EU). In this context, this paper analyzed if the European Monetary Union (EMU) countries have all premises in adopting successful fiscal policy instruments. Regarding this, we used Granger causality test in order to identify the significant influence of fiscal policy on economic indicators. The main results pointed out that the direct taxes and government expenditure have a significant impact on more than 25% of EMU countries.

引用

页码：430 / 440

页数：11

共 50 条

[1] The relationship between fiscal policy and economic growth in CEE countries
Hodzic, Sabina
Demirovic, Amer
Becic, Emira
[J]. ZBORNIK RADOVA EKONOMSKOG FAKULTETA U RIJECI-PROCEEDINGS OF RIJEKA FACULTY OF ECONOMICS, 2020, 38 (02): : 653 - 666
[2] The causal relationship between debt and growth in EMU countries
Gomez-Puig, Marta
Sosvilla-Rivero, Simon
[J]. JOURNAL OF POLICY MODELING, 2015, 37 (06) : 974 - 989
[3] Causal relationship between domestic savings and economic growth: Evidence from seven African countries
Anoruo, E
Ahmad, Y
[J]. AFRICAN DEVELOPMENT REVIEW-REVUE AFRICAINE DE DEVELOPPEMENT, 2001, 13 (02): : 238 - 249
[4] DOES FISCAL POLICY INFLUENCE THE ECONOMIC GROWTH? EVIDENCE FROM OECD COUNTRIES
Vintila, Georgeta
Gherghina, Stefan Cristian
Chiricu, Cosmina Stefania
[J]. ECONOMIC COMPUTATION AND ECONOMIC CYBERNETICS STUDIES AND RESEARCH, 2021, 55 (02): : 229 - 246
[5] Fiscal policy and growth: evidence from OECD countries
Kneller, R
Bleaney, MF
Gemmell, N
[J]. JOURNAL OF PUBLIC ECONOMICS, 1999, 74 (02) : 171 - 190
[6] THE INTERACTION BETWEEN FISCAL POLICY AND ECONOMIC GROWTH: CASE OF OECD COUNTRIES
Kotlan, Igor
Machova, Zuzana
Murin, Martin
[J]. INNOVATION, ENTREPRENEURSHIP AND SUSTAINABLE VALUE CHAIN IN A DYNAMIC ENVIRONMENT, 2015, : 1339 - 1352
[7] The causal relationship between natural gas consumption and economic growth: evidence from the G7 countries
Chang, Tsangyao
Gupta, Rangan
Inglesi-Lotz, Roula
Masabala, Lilian S.
Simo-Kengne, Beatrice D.
Weideman, Jaco P.
[J]. APPLIED ECONOMICS LETTERS, 2016, 23 (01) : 38 - 46
[8] Fiscal Policy and Economic Growth in EU countries: Evidence from Panel Data with Budget Constraints
Zimcik, Petr
[J]. 33RD INTERNATIONAL CONFERENCE MATHEMATICAL METHODS IN ECONOMICS (MME 2015), 2015, : 937 - 942
[9] Fiscal policy and economic growth: some evidence from China
Jungsuk Kim
Mengxi Wang
Donghyun Park
Cynthia Castillejos Petalcorin
[J]. Review of World Economics, 2021, 157 : 555 - 582
[10] Fiscal policy and economic growth: some evidence from China
Kim, Jungsuk
Wang, Mengxi
Park, Donghyun
Petalcorin, Cynthia Castillejos
[J]. REVIEW OF WORLD ECONOMICS, 2021, 157 (03) : 555 - 582

← 1 2 3 4 5 →