Do fiscal rules matter for growth?

被引：15
|
作者：
Afonso, Antonio [1 ,2 ]
Jalles, Joao Tovar [1 ,3 ]
机构：
[1] European Cent Bank, Directorate Gen Econ, D-60311 Frankfurt, Germany
[2] ISEG UTL Tech Univ Lisbon, UECE Res Unit Complex & Econ, Dept Econ, P-1249078 Lisbon, Portugal
[3] Univ Aberdeen, Sch Business, Aberdeen AB24 3QY, Scotland
来源：
APPLIED ECONOMICS LETTERS | 2013年 / 20卷 / 01期
关键词：
fiscal rules; growth; government size; panel data;
D O I：
10.1080/13504851.2012.674198
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We study the relevance of fiscal rules for growth in an European Union (EU) panel. Our results show that they foster growth, while stricter fiscal rules mitigate the adverse impact on growth from big governments. Moreover, more recent EU member states have gained from the implementation of fiscal rules.
引用
收藏
页码：34 / 40
页数：7
相关论文
共 50 条
  • [21] THE IMPACT OF FISCAL RULES ON FISCAL POLICY VOLATILITY
    Brzozowski, Michal
    Siwinska-Gorzelak, Joanna
    JOURNAL OF APPLIED ECONOMICS, 2010, 13 (02) : 205 - 231
  • [22] Do fiscal rules cause better fiscal balances? A new instrumental variable strategy
    Caselli, Francesca
    Reynaud, Julien
    EUROPEAN JOURNAL OF POLITICAL ECONOMY, 2020, 63
  • [23] Do EU fiscal rules support or hinder counter-cyclical fiscal policy?
    Larch, Martin
    Orseau, Eloise
    van der Wielen, Wouter
    JOURNAL OF INTERNATIONAL MONEY AND FINANCE, 2021, 112
  • [24] Fiscal rules, fiscal outcomes and financial market behaviour
    Rommerskirchen, Charlotte
    EUROPEAN JOURNAL OF POLITICAL RESEARCH, 2015, 54 (04) : 836 - 847
  • [25] Fiscal policy and economic growth in Sub-Saharan Africa: Do governance indicators matter?
    Ayana, Isubalew Daba
    Demissie, Wondaferahu Mulugeta
    Sore, Atnafu Gebremeskel
    PLOS ONE, 2023, 18 (11):
  • [26] Fiscal rules, fiscal performance and economic growth in Sub-Saharan Africa
    Nabieu, Gladys Awinpoak Abindaw
    Bokpin, Godfred Alufar
    Osei, Achampong Kofi
    Asuming, Patrick Opoku
    AFRICAN DEVELOPMENT REVIEW-REVUE AFRICAINE DE DEVELOPPEMENT, 2021, 33 (04): : 607 - 619
  • [27] The economic consequences of fiscal rules
    Potrafke, Niklas
    JOURNAL OF INTERNATIONAL MONEY AND FINANCE, 2025, 153
  • [28] Fiscal rules and volatility: the role of stabilising properties and compliance
    Reuter, Wolf Heinrich
    Tkacevs, Olegs
    Vilerts, Karlis
    EMPIRICA, 2022, 49 (01) : 21 - 52
  • [29] The impact of the European Union fiscal rules on economic growth
    Castro, Vitor
    JOURNAL OF MACROECONOMICS, 2011, 33 (02) : 313 - 326
  • [30] Fiscal Rules as Bargaining Chips
    Piguillem, Facundo
    Riboni, Alessandro
    REVIEW OF ECONOMIC STUDIES, 2021, 88 (05) : 2439 - 2478
12345