Fiscal consolidations in the Central and Eastern European countries

被引：20
|
作者：
Afonso, Antonio
Nickel, Christiane
Rother, Philipp C.
机构：
[1] Univ Tecn Lisboa, Dept Econ, P-1249078 Lisbon, Portugal
[2] European Cent Bank, Frankfurt, Germany
来源：
REVIEW OF WORLD ECONOMICS | 2006年 / 142卷 / 02期
关键词：
fiscal policy; fiscal episodes; Central and Eastern Europe; logit models;
D O I：
10.1007/s10290-006-0073-9
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We study fiscal consolidations in the Central and Eastern European countries and what determines the probability of their success. We define consolidation events as substantive improvements in fiscal balances adjusting for the impact of cyclical effects. We use logit models for the period 1991-2003 to assess the determinants of the success of a fiscal adjustment. The results seem to suggest that for these countries expenditure based consolidations have tended to be more successful. By contrast, revenue-based consolidations have a tendency to be less successful.
引用
收藏
页码：402 / 421
页数：20
相关论文
共 50 条
  • [41] NSCLC molecular testing in Central and Eastern European countries
    Ryska, Ales
    Berzinec, Peter
    Brcic, Luka
    Cufer, Tanja
    Dziadziuszko, Rafal
    Gottfried, Maya
    Kovalszky, Ilona
    Olszewski, Wlodzimierz
    Oz, Buge
    Plank, Lukas
    Timar, Jozsef
    [J]. BMC CANCER, 2018, 18
  • [42] Local Economic Development in the Central and Eastern European Countries
    Mezei Cecilia
    [J]. TER ES TARSADALOM, 2006, 20 (03): : 95 - 108
  • [43] Evidence for a Ladder of Investment in Central and Eastern European countries
    Serdarevic, Goran
    Hunt, Matt
    Ovington, Tom
    Kenny, Clive
    [J]. TELECOMMUNICATIONS POLICY, 2016, 40 (06) : 515 - 531
  • [44] STRUCTURAL CHANGE ANALYSIS FOR EASTERN AND CENTRAL EUROPEAN COUNTRIES
    Angelescu, Coralia
    Tatu, Delia
    Dobre, Mihaela Hrisanta
    [J]. INTEGRATIVE RELATIONS BETWEEN THE EUROPEAN UNION INSTITUTIONS AND THE MEMBER STATES, VOL 1, 2008, : 28 - 32
  • [45] Innovation expenditures efficiency in Central and Eastern European Countries
    Dobrzanski, Pawel
    [J]. ZBORNIK RADOVA EKONOMSKOG FAKULTETA U RIJECI-PROCEEDINGS OF RIJEKA FACULTY OF ECONOMICS, 2018, 36 (02): : 827 - 859
  • [46] The hydrogen context and vulnerabilities in the central and Eastern European countries
    Iordache, Ioan
    Bouzek, Karel
    Paidar, Martin
    Stehlik, Karin
    Toepler, Johannes
    Stygar, Miroslaw
    Dabrowa, Juliusz
    Brylewski, Tomasz
    Stefanescu, Ioan
    Iordache, Mihaela
    Schitea, Dorin
    Grigoriev, Sergey A.
    Fateev, Vladimir N.
    Zgonnik, Viacheslav
    [J]. INTERNATIONAL JOURNAL OF HYDROGEN ENERGY, 2019, 44 (35) : 19036 - 19054
  • [47] HTA Implementation Roadmap in Central and Eastern European Countries
    Kalo, Zoltan
    Gheorghe, Adrian
    Huic, Mirjana
    Csanadi, Marcell
    Kristensen, Finn Boerlum
    [J]. HEALTH ECONOMICS, 2016, 25 : 179 - 192
  • [48] Competition policy, the regions and the Central and Eastern European countries
    Frazer, T
    [J]. RULES OF COMPETITION AND EAST-WEST INTEGRATION, 1997, : 183 - 198
  • [49] Banks' Profitability in Selected Central and Eastern European Countries
    Capraru, Bogdan
    Ihnatov, Iulian
    [J]. 21ST INTERNATIONAL ECONOMIC CONFERENCE OF SIBIU 2014, IECS 2014 PROSPECTS OF ECONOMIC RECOVERY IN A VOLATILE INTERNATIONAL CONTEXT: MAJOR OBSTACLES, INITIATIVES AND PROJECTS, 2014, 16 : 587 - 591
  • [50] Regional and local development in central and eastern European countries
    Scharle, P
    [J]. TRANSPORT: NEW PROBLEMS, NEW SOLUTIONS: INTRODUCTORY REPORTS AND SUMMARY OF DISCUSSIONS, 1996, : 509 - 530
12345