FISCAL POLICY UNCERTAINTY AND ITS IMPACT ON GROWTH

被引：0
|
作者：
Machova, Zuzana [1 ]
Kotlan, Igor [1 ]
机构：
[1] VSB Tech Univ Ostrava, Fac Econ, Sokolska Tr 33, Ostrava 70121, Czech Republic
来源：
PROCEEDINGS OF THE 11TH INTERNATIONAL CONFERENCE: ECONOMIC POLICY IN THE EUROPEAN UNION MEMBER COUNTRIES, SELECTED PAPERS | 2013年
关键词：
Fiscal Policy Uncertainty; Tax Quota; World Tax Index (WTI); Economic Growth; Panel Data Estimation; Dynamic Panel; UNIT-ROOT TESTS; PANEL-DATA; TAX POLICY; TAXATION; VOLATILITY; INVESTMENT; RESPONSES; CRISES;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The paper deals with an issue of fiscal policy uncertainty that is often omitted in the literature concerning fiscal policy effects on economic growth. It analyses both the tax uncertainty and government expenditure volatility with the aim to find out their effect on economic growth. The results confirm the economic hypotheses about the negative effect of taxation and positive effect of productive government expensiture on growth, and it also confirms our assumptions about the negative effect of fiscal policy uncertainty. In addition, beside the standard tax quota, we use the World Tax index (WTI) to approximate the taxation, which allows us to prove the results more significantly in comparison with the tax quota.
引用
收藏
页码：205 / 216
页数：12
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