Fiscal Policy Actions Ancillary to Growth: the Transition Economies

Fiscal Policy Actions Ancillary to Growth: the Transition Economies

The paper is looking for the reasons of the growth differences in transition economies. Empirical analyses justify that GDP growth is higher in countries where state reallocation is decreasing and where a tight fiscal policy has been kept. We can identify several budget restrictions that have expan...

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Main Author: Balázs Kotosz
Format: Article
Language:English
Published: Vilnius University Press 2004-12-01
Series:Ekonomika
Online Access:https://www.journals.vu.lt/ekonomika/article/view/17398
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spelling doaj-455ab9dc02974eb1b1d96676c6f9ecc12020-11-25T02:53:14ZengVilnius University PressEkonomika1392-12582424-61662004-12-0168Fiscal Policy Actions Ancillary to Growth: the Transition EconomiesBalázs Kotosz0Budapest Department of Statistics The paper is looking for the reasons of the growth differences in transition economies. Empirical analyses justify that GDP growth is higher in countries where state reallocation is decreasing and where a tight fiscal policy has been kept. We can identify several budget restrictions that have expansionary effects, especially in the case of considerable cuts in budget deficits. These non-Keynesian results fit the earlier consequents of Alesina, Perotti and Giavazzi for OECD countries. https://www.journals.vu.lt/ekonomika/article/view/17398
collection DOAJ
language English
format Article
sources DOAJ
author Balázs Kotosz
spellingShingle Balázs Kotosz
Fiscal Policy Actions Ancillary to Growth: the Transition Economies
Ekonomika
author_facet Balázs Kotosz
author_sort Balázs Kotosz
title Fiscal Policy Actions Ancillary to Growth: the Transition Economies
title_short Fiscal Policy Actions Ancillary to Growth: the Transition Economies
title_full Fiscal Policy Actions Ancillary to Growth: the Transition Economies
title_fullStr Fiscal Policy Actions Ancillary to Growth: the Transition Economies
title_full_unstemmed Fiscal Policy Actions Ancillary to Growth: the Transition Economies
title_sort fiscal policy actions ancillary to growth: the transition economies
publisher Vilnius University Press
series Ekonomika
issn 1392-1258
2424-6166
publishDate 2004-12-01
description The paper is looking for the reasons of the growth differences in transition economies. Empirical analyses justify that GDP growth is higher in countries where state reallocation is decreasing and where a tight fiscal policy has been kept. We can identify several budget restrictions that have expansionary effects, especially in the case of considerable cuts in budget deficits. These non-Keynesian results fit the earlier consequents of Alesina, Perotti and Giavazzi for OECD countries.
url https://www.journals.vu.lt/ekonomika/article/view/17398
work_keys_str_mv AT balazskotosz fiscalpolicyactionsancillarytogrowththetransitioneconomies
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