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Wyszukujesz frazę "Government Expenditure" wg kryterium: Temat


Tytuł:
Government social spending in the EU countries: efficiency in poverty and income inequality reduction
Autorzy:
Cyrek, Magdalena
Powiązania:
https://bibliotekanauki.pl/articles/22446410.pdf
Data publikacji:
2019
Wydawca:
Instytut Badań Gospodarczych
Tematy:
government expenditure
poverty
inequality
efficiency
Opis:
Research background: Income inequality and poverty attract a lot of attention among politicians, activists as well as scientists, who are trying to find a solution to these socio-economic problems. State intervention is commonly expected in this field, however, there is no agreement about the most efficient methods and instruments, as well as about the scale of public expenditure for the purpose of limiting poverty and inequality. Purpose of the article: The aim of the paper is to specify efficiency of government social spending in reducing problems of poverty and income inequality in the EU countries. Moreover, the attention is paid to changes in the efficiency in a period of the 2007 crisis occurrence and its overcoming and to sources of the changes. Methods: To fulfill the main goal of the paper, the DEA method is used, which enables to compare the social efficiency of the EU countries. The Malmquist index is also calculated and decomposed to identify changes in the efficiency and their sources in the crisis period. Data used in the analyses were obtained from Eurostat and OECD databases and cover the period from 2007 to 2016 year. Findings & Value added: The main findings of the paper shed some light on the differences in social efficiency of government spending in the EU countries. Generally, the countries with a higher level of social spending are also those with lower efficiency in inequality reduction, however, the relationship doesn?t appear for poverty alleviation. Thus, the research suggests some substitution between the scale and the efficiency of social spending, at least for the inequality dimension. Moreover, some differences in a social model can be found between the countries of the  South and of the North: the countries of the South focus their social policy mainly on inequality reduction, while the Scandinavian countries as well as some other affluent societies direct their public support mainly on poverty alleviation. The research also shows that in the crisis period decreases in efficiency concerned mainly the poverty dimension. It reflects the fact that the poor were the losers of the crisis in favor of the middle classes. The efficiency losses were induced by negative changes in the current usage of public sources, while institutional reforms positively influenced the efficiency.
Źródło:
Equilibrium. Quarterly Journal of Economics and Economic Policy; 2019, 14, 3; 405-424
1689-765X
2353-3293
Pojawia się w:
Equilibrium. Quarterly Journal of Economics and Economic Policy
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Fiscal Sustainability Hypothesis Test in Central and Eastern Europe: A Panel Data Perspective
Autorzy:
Owusu, Benjamin
Powiązania:
https://bibliotekanauki.pl/articles/1964897.pdf
Data publikacji:
2021-10-27
Wydawca:
Uniwersytet Warszawski. Wydział Nauk Ekonomicznych
Tematy:
Fiscal Sustainability
Cointegration
Government Revenue
Government Expenditure
Opis:
This paper assesses the fiscal sustainability hypothesis for 10 Central and Eastern European countries (CEEC) between 1997 and 2019. The study adopts very recent panel econometric techniques which accounts for issues of structural breaks and cross-sectional dependence in the data generating process to examine the cointegration between government revenue and expenditures. Preliminary results show that revenues and expenditures do not have a long-run relationship and hence a rejection of the sustainability hypothesis. As a next step, we discriminate between structural and cyclical components of revenues and expenditures in order to place emphasis on the structural component. We argue that the structural component of fiscal variables represents the actual long term behaviour of the policymaker. Further results indicate that structural revenues and expenditures have a long-run relationship however with a slope coefficient less than unity which implies sustainability in the weaker sense. At that point, expenditures exceed revenues and if this continues for a long time the government may find it difficult to market its debts in the long run. This result suggests that the fiscal authorities in CEEC must therefore do more by taking long term actions to counteract the rising fiscal deficit problems.
Źródło:
Central European Economic Journal; 2021, 8, 55; 285-312
2543-6821
Pojawia się w:
Central European Economic Journal
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
The Effect of Lagos State Government Expenditure on Maternal Mortality Ratio
Autorzy:
Abdulahi, Musodiq Adewale
Adegbite, Fadhilat Motunrayo
Powiązania:
https://bibliotekanauki.pl/articles/2122386.pdf
Data publikacji:
2019
Wydawca:
Polska Akademia Nauk. Czytelnia Czasopism PAN
Tematy:
Maternal mortality
government expenditure
regression analysis
Opis:
Maternal mortality has posed a great problem in the health sector of most African countries. Nigeria’s maternal mortality ratio remains high despite efforts made to meet millennium development goal 5 (MDG5). This study used the Lagos state community health survey 2011 and the Lagos state health budget allocations 2011 to examine the effect of government expenditure on maternal mortality ratio. Factors like inadequate transportation facilities, lack of awareness, inadequate infrastructures, which contribute to high maternal mortality rate, can be traced back to revenue though under different ministries. The other ministries need to work and support the ministry of health in the fight against maternal, especially in Lagos state. Secondary data was compiled from the state budget, records of death in different local governments in the state and relevant reviewed literature. Regression analysis was used to analyze the hypothesis and it was discovered that government expenditure does not have a significant effect on maternal mortality based on the R-square coefficient. However, correlation coefficient gives a contrasting result. Hence, further research work, government expenditure from other local government areas need to be taken into consideration to arrive at a valid conclusion. It is difficult to ascertain how much of the revenue allocated was put to appropriate use, due to a high level of corruption.
Źródło:
Polish Psychological Bulletin; 2019, 50, 3; 247-253
0079-2993
Pojawia się w:
Polish Psychological Bulletin
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Impact of Government Spending and Corruption on Foreign Direct Investment in Indonesia
Autorzy:
Syukri, Adya Utami
Hasanuddin, Basri
Paddu, Abdul Hamid
Suhab, Sultan
Powiązania:
https://bibliotekanauki.pl/articles/2207156.pdf
Data publikacji:
2022-06-24
Wydawca:
Uniwersytet Ekonomiczny w Poznaniu
Tematy:
Foreign Direct Investment
Government Expenditure
Corruption
Opis:
Investment is a critical macroeconomic variable for economic growth and development in any country. As a developing country with the fourth largest population in the world, Indonesia is also dependent on investment coming in from both home and abroad. A good investment climate is one of the solutions in overcoming economic problems so that foreign investors can invest in Indonesia. Obviously, various factors influence investors' willingness to invest in Indonesia. The purpose of this study is to examine the impact of government spending, corruption, economic growth and wages on foreign direct investment in Indonesia. The study uses Ordinary Least Square (OLS) multiple linear regression analysis for the research period 2000-2020. The results show that the variables of government spending, corruption and economic growth have positive and significant impact on foreign direct investment, while the variable of salary has negative and significant impact on foreign direct investment. The Indonesian government needs to reduce the level of corruption and wage level to attract investors.
Źródło:
Research Papers in Economics and Finance; 2022, 6, 1; 34-45
2543-6430
Pojawia się w:
Research Papers in Economics and Finance
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Government expenditure and service sector growth in Nigeria
Autorzy:
Nwosa, Philip Ifeakachukwu
Tijani, Semira Olajumoke
Powiązania:
https://bibliotekanauki.pl/articles/522453.pdf
Data publikacji:
2020
Wydawca:
Uniwersytet Ekonomiczny w Katowicach
Tematy:
Co-integration
Government expenditure
Service sector performance
Opis:
Aim/purpose – This study aims at examining the contribution of government expenditure on service sector growth in Nigeria for the period 1970 to 2017. The service sector and government intervention are vital to economic growth of any country, hence this study. Design/methodology/approach – The study utilised the co-integration and the error correction modelling techniques. The study also conducted the stationarity tests. Findings – The regression estimates showed that government expenditure had negative and significant impact of service sector growth in Nigeria. Research implications/limitations – The implication of the findings of this study is that government expenditure over the years has not contributed positively to enhance the growth of the service sector; the study therefore recommends the need for completion of various abandoned and on-going infrastructural projects, such as road construction, water provision and electrification projects, which are vital to the growth of the service sector. Moreover, the government can through the monetary authority issue directives deposit money in banks to give loans at a reduced interest rate to investors in the service sector. Originality/value/contribution – This study has been able to show that there is the need for greater financial commitment of the government in order to improve the growth of the service sector.
Źródło:
Journal of Economics and Management; 2020, 40; 74-90
1732-1948
Pojawia się w:
Journal of Economics and Management
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
External financing of local governments’ expenditure in the rural areas in Poland
Autorzy:
Danilowska, A.
Powiązania:
https://bibliotekanauki.pl/articles/572086.pdf
Data publikacji:
2011
Wydawca:
Szkoła Główna Gospodarstwa Wiejskiego w Warszawie. Wydawnictwo Szkoły Głównej Gospodarstwa Wiejskiego w Warszawie
Tematy:
external financing
local government expenditure
rural area
Polska
government expenditure
credit
investment
infrastructural investment
budget deficit
public debt
financing source
Opis:
The role of repayable sources in financing local governments’ expenditure in rural areas in Poland was examined. The analyses showed that during years 2005-2009 the expenditure of local governments in rural areas was rising. An especially high increase was observed in 2009. The shares of the investment expenditure in total expenditure were at 20% for 2005-2008 but in 2009 it rose noticeably. The local governments use credits, loans and municipal bonds for financing expenditure. Except for 2009, the ‘new’ credits and loans financed mainly repayment of ‘old credits’, only in 2009 less than 50% of ‘new credits’ value was used for repaying old debts. The debt of local governments in rural areas rose quickly but in examined years the payments of interest were not a problem and took less than 1% of budget incomes. In the future, it can change because of the expected increase of debts and, moreover, the interest rates could rise noticeably.
Źródło:
Zeszyty Naukowe Szkoły Głównej Gospodarstwa Wiejskiego w Warszawie. Problemy Rolnictwa Światowego; 2011, 11(26), 3
2081-6960
Pojawia się w:
Zeszyty Naukowe Szkoły Głównej Gospodarstwa Wiejskiego w Warszawie. Problemy Rolnictwa Światowego
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
USEFUL GOVERNMENT EXPENDITURE INFLUENCE ON THE SHADOW ECONOMY
Autorzy:
Malaczewska, Paulina
Powiązania:
https://bibliotekanauki.pl/articles/452927.pdf
Data publikacji:
2013
Wydawca:
Szkoła Główna Gospodarstwa Wiejskiego w Warszawie. Katedra Ekonometrii i Statystyki
Tematy:
shadow economy
useful government expenditure
game theory
Nash equilibrium
Opis:
This paper contains the attempt to describe the phenomenon of shadow economy as a zero-sum non-cooperative, normal form game between households and the government. In the model government spending can be treated as a government consumption or as an expenses that contribute to increased social welfare and for the provision of public goods and services. We conduct sensitivity analysis of Nash equilibrium in models with two different types of government expenditure and examine whether proposed models indicate a various mechanisms and determinants of the undeclared economic activity.
Źródło:
Metody Ilościowe w Badaniach Ekonomicznych; 2013, 14, 2; 61-69
2082-792X
Pojawia się w:
Metody Ilościowe w Badaniach Ekonomicznych
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Does spending on social-welfare policies reduce poverty? An assessment of the European Union countries using impulse-response and efficiency methods
Autorzy:
Kutwa, Krzysztof
Sawulski, Jakub
Powiązania:
https://bibliotekanauki.pl/articles/2123388.pdf
Data publikacji:
2022
Wydawca:
Uniwersytet w Białymstoku. Wydawnictwo Uniwersytetu w Białymstoku
Tematy:
poverty
social-welfare policies
government expenditure
efficiency
VECM
DEA
Opis:
Purpose – An attempt to answer two questions: (i) does spending on social-welfare policies constitute a statistically-significant impulse for reducing poverty among various risk groups in the EU countries? And (ii) what is the level of efficiency of social spending when it comes to reducing various problems associated with poverty in the EU member states? Research method – Two research methods: Vector Error Correction Model (VECM) and extended Data Envelopment Analysis (DEA) are used. Results – It is established that social-welfare policies in most of the EU countries create a sufficient impulse to reduce poverty among elderly people and survivors, families with children and the unemployed. However, the impulse is often not sufficient in the case of people with problems in meeting housing needs, as well as the sick or disabled. What is more, the relative efficiency of social-welfare spending in some of the EU countries is low, which suggest that better outcomes may be achieved not only by increasing the spending, but also by improving the policies among current amount of funds. Surprisingly, the best-performing countries in reducing the poverty by social-welfare policies include, next to Denmark and Finland, also some Central and Eastern European countries: the Czech Republic, Poland, Slovakia and Slovenia. Originality/value/implications/recommendations – The research extends the knowledge on the efficiency and effectiveness of government activities for the purpose of limiting poverty.
Źródło:
Optimum. Economic Studies; 2022, 1(107); 64-83
1506-7637
Pojawia się w:
Optimum. Economic Studies
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Efekty podażowe szoków fiskalnych w gospodarce polskiej na podstawie modelu realnego cyklu koniunkturalnego
Supply-Side Effects of Fiscal Shocks in the Polish Economy Based on the Real Business Cycle Model
Autorzy:
Krajewski, Piotr
Powiązania:
https://bibliotekanauki.pl/articles/574419.pdf
Data publikacji:
2011-04-30
Wydawca:
Szkoła Główna Handlowa w Warszawie. Kolegium Analiz Ekonomicznych
Tematy:
fiscal policy
real business cycle
indivisibility of labor
government expenditure
Opis:
The articleexaminesthe supply-side impact offiscalpolicyonfluctuations in economic trendsin Poland. The analysisis basedon the real business cyclemodel with indivisiblelabor developed by American economist Gary D.Hansen. This model was adapted tothe conditions ofthe Polish economy andexpanded to includeassumptionsaboutfiscalpolicy on the basis of datafrom the1995-2009period. According to the author, the model reflectsthe correlationsbetween GDPandothervariables. However, the negativecorrelationbetweengovernment spendingandconsumption resulting from the model is not confirmed by actual data, Krajewski says. Simulations showthatan increasedshareof capital expenditure in government spending has apositiveimpact onthe economy because it leads to anincrease inproduction,consumption, employment and the level of capital. Themodelalsoshowsthat even though a countercyclicalfiscal policy reducesfluctuationsin production,itleads togreatervolatilityof capitaland consumption. Moreover,the resultsof the model show that if public consumption becomes a strong substituteof private consumption, an increase in government expenditure has a low supply-side impact on thelevel of production, the author concludes.
Źródło:
Gospodarka Narodowa. The Polish Journal of Economics; 2011, 247, 4; 23-43
2300-5238
Pojawia się w:
Gospodarka Narodowa. The Polish Journal of Economics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Analiza mnożnika wydatków państwowych dla Polski w latach 2008-2013
Analysis of government expenditure multiplier for Poland in recent years
Autorzy:
Lawędziak, Bartosz
Powiązania:
https://bibliotekanauki.pl/articles/590222.pdf
Data publikacji:
2017
Wydawca:
Uniwersytet Ekonomiczny w Katowicach
Tematy:
Kryzys finansowy
Mnożnik wydatków państwowych
Popyt
Demand
Financial crisis
Government expenditure multiplier
Opis:
W artykule przedstawiono dwie koncepcje dotyczące mnożnika wydatków państwowych. Pierwsza z nich, tzw. klasyczna została odrzucona z powodu nieścisłości związanej z samą definicją mnożnika. Na tej podstawie przedstawiono teorię efektywnego popytu jako modelu odpowiadającego najdokładniej wyprowadzonej formule mnożnika wydatków państwowych. Celem prezentowanej publikacji jest próba oszacowania mnożnika w oparciu o efektywną teorię popytu. W oparciu o przyjęte założenia oraz wartości parametrów oszacowano dla Polski jego wartość w latach 2008-2013, które uwzględniały okres stagnacji/kryzysu finansowego. Uzyskane wyniki nie odbiegają od wartości mnożnika dla innych krajów prowadzących od czasu kryzysu strategię ekspansji fiskalnej.
The article presents two concepts of government expenditure multiplier. The first one called – classical was rejected because of inconsistencies associated with the very definition of the multiplier. On this basis, we present the theory of effective demand as a model corresponds most closely derived formula multiplier of government spending. On this basis and on the basis of assumptions and parameter values estimated for Polish value in 2008-2013, which take into account the period of stagnation / financial crisis. The results do not differ from the value of the multiplier for other countries engaged in since the crisis strategy of fiscal expansion.
Źródło:
Studia Ekonomiczne; 2017, 324; 45-52
2083-8611
Pojawia się w:
Studia Ekonomiczne
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Local Fiscal Capacity in the New Members of the European Union: Is It Efficient?
Autorzy:
Patonov, Nikolay
Powiązania:
https://bibliotekanauki.pl/articles/633723.pdf
Data publikacji:
2013
Wydawca:
Uniwersytet Marii Curie-Skłodowskiej. Wydawnictwo Uniwersytetu Marii Curie-Skłodowskiej
Tematy:
property taxes
shared taxes
total government expenditure
economic growth
research
new member states, synergy
Opis:
Purpose – This paper aims to analyze the efficiency of the fiscal capacity of the local governments in the new members of the EU.Design/methodology/approach – The impact of the locally collected taxes on economic growth is analyzed by the means of regression analysis. The GDP growth rate is adopted as a  dependent variable in the model and its deviations are explained via tax instruments for building fiscal capacity.Findings – Strong positive effects on economy, when property taxes come in local budgets.Research limitations/implications – There are many factors affecting the economic growth, which are not included in the regression model. The effects of the charges levied by local governments also remain without estimation.Originality/Value - The study fills in the gap of research on the benefits of local fiscal capacity in the countries of interest.
Źródło:
International Journal of Synergy and Research; 2013, 2, 1-2
2083-0025
Pojawia się w:
International Journal of Synergy and Research
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Przestrzenna ocena zróżnicowania sytuacji finansowej województw w Polsce w latach 2006-2018
Spatial assessment of the diversification of financial situation of voivodeships in Poland in the years 2006-2018
Autorzy:
Grzebyk, Mariola
Powiązania:
https://bibliotekanauki.pl/articles/2046372.pdf
Data publikacji:
2020-06
Wydawca:
Państwowa Wyższa Szkoła Zawodowa w Nowym Sączu
Tematy:
województwo samorządowe
gospodarka finansowa
dochody samorządowe
wydatki samorządowe
self-government voivodeship
financial economy
local government revenues
local government expenditure
Opis:
Celem artykułu jest ocena sytuacji finansowej polskich województw samorządowych w latach 2006-2018. Dokonano jej na podstawie wskaźników budżetowych, na mieszkańca oraz wskaźników według zobowiązań. Pozyskane informacje pozwalają określić przeszłą i obecną ich sytuację finansową oraz różnice w odniesieniu do innych jednostek w Polsce. Analizując stronę dochodową, stwierdza się duże zróżnicowanie regionalne dochodów własnych w dochodach ogółem w badanych latach, choć ich poziom nie ulegał dużym zmianom. Dochody zewnętrzne stanowiły średnio 1/5 dochodów budżetowych tych województw. Dochody te nie wzrastały w badanych latach mimo powierzania samorządom nowych zadań do realizacji. Strona wydatkowa pokazała z kolei, że poziom wydatków inwestycyjnych w wydatkach ogółem województw utrzymywał się na podobnym poziomie. Sytuacja taka powoduje, że polskie regiony muszą poszukiwać zewnętrznych źródeł bezzwrotnej pomocy, aby realizować chociażby inwestycje sprzyjające poprawie wyposażenia infrastrukturalnego. Analiza potwierdziła także różnice w dochodach i wydatkach budżetowych w przeliczeniu na 1 mieszkańca. Uwidoczniła się tutaj różnica między zamożniejszymi województwami Polski zachodniej i południowej oraz biedniejszymi regionami Polski wschodniej.
The aim of the article is to assess the financial situation of Polish local government voivodeships in the years 2006-2018. Evaluation was conducted on the basis of budget indicators, per resident (per capita), and indicators associated with liabilities. The information obtained allows to determine the past and current financial situation and differences in relation to other regions in Poland. When analyzing the income side, it is found that there is a large regional differentiation of own revenues in the total revenues in the examined years, although their level did not change much. External revenues constitute on average 1/5 of budget revenues of these voivodeships. These incomes did not increase in the examined years despite entrusting new tasks to local governments. In turn, the expenditure side showed that the level of investment expenditure in total expenditure of voivodeships remained at a similar level. This situation means that Polish regions must seek external sources of non-returnable assistance in order to implement, for example, investments to improve infrastructure equipment. The analysis also confirmed the differences in budget revenues and expenses per capita. The difference between the wealthier voivodeships of western and southern Poland and the poorer regions of eastern Poland was visible here.
Źródło:
Studia Ekonomiczne. Gospodarka, Społeczeństwo, Środowisko; 2020, 1/2020 (5); 48-59
2544-6916
2544-7858
Pojawia się w:
Studia Ekonomiczne. Gospodarka, Społeczeństwo, Środowisko
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
The Analysis of Government Expenditures in the European Union
Analiza wydatków rządowych w krajach Unii Europejskiej
Autorzy:
Serban, Florica Mioara
Stoenoiu, Carmen- Elena
Cristea, Ciprian
Powiązania:
https://bibliotekanauki.pl/articles/371493.pdf
Data publikacji:
2020
Wydawca:
Polska Akademia Nauk. Komitet Człowiek i Środowisko PAN
Tematy:
government expenditure
COFOG
Gross Domestic Product (GDP)
EU 28
wydatki rządowe
Produkt Krajowy Brutto (PKB)
Opis:
This article analyses data on general government expenditure, at the level of the European Union (EU 28) according to the Classification of the Functions of Government – COFOG over the 2008-2017 period. Data shows that the expenditures increased at the beginning of the economic crisis in all EU countries, being followed by a slowdown in expenditures growth. All countries have adopted policies in order to reduce government expenditures towards the end of the period, aiming to increase their efficiency. Usually in high-income countries, compared with low-income countries, government expenditures are much larger as percent of gross domestic product (GDP), but the relations are not very strong though.
W tym artykule przeanalizowano dane dotyczące wydatków instytucji rządowych i samorządowych na poziomie Unii Europejskiej (UE 28) zgodnie z klasyfikacją funkcji rządu – COFOG w latach 2008-2017. Dane pokazują, że wydatki wzrosły na początku kryzysu gospodarczego we wszystkich krajach UE, po czym nastąpiło spowolnienie ich wzrostu. Wszystkie kraje przyjęły polityki mające na celu zmniejszenie wydatków rządowych pod koniec tego okresu, mając na celu zwiększenie ich trafności. Zwykle w krajach o wysokich dochodach, w porównaniu z krajami o niskich dochodach, wydatki rządowe są znacznie większe niż procent produktu krajowego brutto (PKB), ale powiązanie to nie jest jednak bardzo silne.
Źródło:
Problemy Ekorozwoju; 2020, 15, 2; 143-151
1895-6912
Pojawia się w:
Problemy Ekorozwoju
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Government expenditure and agriculture: changes in agri-orientation of the European Union countries
Wydatki rządowe a rolnictwo - zmiany zorientowania na rolnictwo państw Unii Europejskiej
Autorzy:
Wielechowski, M.
Grzeda, L.
Powiązania:
https://bibliotekanauki.pl/articles/2053353.pdf
Data publikacji:
2019
Wydawca:
Szkoła Główna Gospodarstwa Wiejskiego w Warszawie. Wydawnictwo Szkoły Głównej Gospodarstwa Wiejskiego w Warszawie
Tematy:
agriculture orientation index (AOI)
central government expenditure on agriculture
agriculture share of GDP
European Union
Opis:
The aim of the paper is to evaluate the fl uctuations of central government expenditure on agriculture, the agriculture share of GDP and the level of national economies orientation on agriculture in the European Union (EU) countries, divided into the elder EU democracies and the post-communist EU member states. In the study, the agricultural orientation index for central government expenditure (AOI) was calculated. The data came from the Food and Agriculture Organization of the United Nations (FAO) and the World Bank. The analysis covered the period 2001–2016, due to the data availability. The results were presented mainly using Japanese candlestick charting. In most EU countries shrinking national expenditure on agriculture in relation to other spending categories were observed. That decrease was twice bigger in the elder EU democracies than in the post-communist countries although the fi rst group of countries was spending on agriculture four times less. In almost all EU member states a reduction of more than 20% in the share of the agriculture in GDP creation was observed. The post-communist EU countries were more agri-oriented than the elder EU democracies. Taking into account the AOI levels, agriculture did not belong to top priority spending categories for EU national governments. The visible differences between the two country groups have roots in the postwar diverse economic development caused by political heritage. The performed research is comparative and should be treated as a contribution to future studies.
Źródło:
Zeszyty Naukowe Szkoły Głównej Gospodarstwa Wiejskiego. Ekonomika i Organizacja Gospodarki Żywnościowej; 2019, 126; 69-80
2081-6979
Pojawia się w:
Zeszyty Naukowe Szkoły Głównej Gospodarstwa Wiejskiego. Ekonomika i Organizacja Gospodarki Żywnościowej
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Strategia makroekonomiczna Polski w warunkach światowego kryzysu
Poland’s Macroeconomic Strategy at a Time of Global Crisis
Autorzy:
Osiatyński, Jerzy
Powiązania:
https://bibliotekanauki.pl/articles/575673.pdf
Data publikacji:
2009-08-31
Wydawca:
Szkoła Główna Handlowa w Warszawie. Kolegium Analiz Ekonomicznych
Tematy:
global economic crisis
fiscal expansion
fiscal tightening
government expenditure multiplier
budget deficit
public debt
foreign debt
Opis:
Different countries have applied different policies to deal with the latest economic crisis that has struck the world. While Poland and other new member states of the European Union have tightened their fiscal policies and resorted to various supply-side instruments, the United States, Japan and many old EU member countries have employed a fiscal expansion policy. This policy is based on a GDP growth multiplier effect and an increased use of public debt to finance government expenditure. The author estimates a potential fiscal impulse multiplier for the Polish economy in 2008 and follows up with a discussion of the key arguments of critics and advocates of the fiscal expansion strategy. In new EU member states, the ratio of the current-account deficit to GDP and the ratio of foreign debt to GDP are the main factors that determine whether or not there is room for fiscal expansion in the economy, the author says. In the wake of the global financial crisis, these ratios increased dramatically in these countries, chiefly due to previously underestimated system risks. Those risks resulted from the fact that new EU member countries maintained their interest rates at a high level for many years to keep inflation in check. The difference between the domestic and foreign interest rates was largely responsible for a progressive appreciation of the exchange rate, accompanied by a decreased competitiveness of exporters, increased foreign debt of businesses and households, and growing reliance on foreign investment as a way of covering the trade deficit. All these risks materialized when the international financial crisis began. The paper aims to determine if there is room for a fiscal expansion policy in Poland and whether such a policy could lead to a major increase in Treasury security yields and higher public debt service costs. This question requires detailed calculations, Osiatyński says. Even though the 2009 budget deficit was 121 percent financed from domestic sources in the first five months of the year, the policy produced no major increase in Treasury security yields, which may mean that there is room for such a policy in Poland, Osiatyński concludes. Otherwise the country could face a prolonged period of economic stagnation, he adds.
Źródło:
Gospodarka Narodowa. The Polish Journal of Economics; 2009, 233, 7-8; 1-16
2300-5238
Pojawia się w:
Gospodarka Narodowa. The Polish Journal of Economics
Dostawca treści:
Biblioteka Nauki
Artykuł

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