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Fiscal composition and long-term growth

dc.contributor.authorAfonso, António
dc.contributor.authorJalles, João Tovar
dc.date.accessioned2022-09-22T15:11:18Z
dc.date.available2022-09-22T15:11:18Z
dc.date.issued2014
dc.description.abstractWe assess the fiscal composition–growth nexus, using a large country panel, accounting for the usually encountered econometric pitfalls. Our results show that revenues have no significant impact on growth whereas expenditures have negative effects. The same is true for the OECD with the addition that government revenue has a negative impact on growth. From our results, taxes on income are less for growth enhancing, as well as public wages, interest payments, subsidies and government consumption, while spending on education and health boosts growth.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationAfonso, António and João Tovar Jalles.(2014). "Fiscal composition and long-term growth" .Applied Economics, Vol. 46, No.3: pp. 349-358.pt_PT
dc.identifier.issn1466-4283 (Online)
dc.identifier.urihttp://hdl.handle.net/10400.5/25582
dc.language.isoengpt_PT
dc.publisherTaylor & Francis Grouppt_PT
dc.subjectBudget Deficitpt_PT
dc.subjectBudget Decompositionpt_PT
dc.subjectPanel Analysispt_PT
dc.titleFiscal composition and long-term growthpt_PT
dc.typejournal article
dspace.entity.typePublication
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT

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