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
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