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Quality of public finances and growth

dc.contributor.authorAfonso, António
dc.contributor.authorEbert, Werner
dc.contributor.authorSchuknecht, Ludger
dc.contributor.authorThone, Michael
dc.date.accessioned2010-06-14T09:11:41Z
dc.date.available2010-06-14T09:11:41Z
dc.date.issued2005-02
dc.description.abstractIn this paper we review the linkages between the quality of public finances, that is, the level and composition of public expenditure and its financing via revenue and deficits, and economic growth. We review the various channels through which public finances affect growth and its underlying determinants (institutional framework, employment, savings and investment, innovation). The paper addresses the approaches used to assess the performance and efficiency of public spending, and surveys the empirical findings on the impact of fiscal variables on sustained economic growth.pt
dc.identifier.citationAfonso, António ... [et al.]. 2005. "Quality of public finances and growth". European Central Bank working paper series nº 438-2005pt
dc.identifier.issn1725-2806
dc.identifier.urihttp://hdl.handle.net/10400.5/2127
dc.language.isoengpt
dc.publisherEuropean Central Bankpt
dc.relation.ispartofseriesEuropean Central Bank working paper series;nº 438-2005
dc.relation.publisherversionhttp://www.ecb.int/pub/pdf/scpwps/ecbwp438.pdfpt
dc.subjectquality of public financespt
dc.subjectefficiencypt
dc.subjectgrowthpt
dc.titleQuality of public finances and growthpt
dc.typeworking paper
dspace.entity.typePublication
rcaap.rightsopenAccesspt
rcaap.typeworkingPaperpt

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