Arbeitspapier
Quality of public finances and growth
In 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.
- Language
-
Englisch
- Bibliographic citation
-
Series: ECB Working Paper ; No. 438
- Classification
-
Wirtschaft
National Government Expenditures and Related Policies: General
Economic Growth and Aggregate Productivity: General
- Subject
-
Efficiency
Growth
quality of public finances
Öffentliche Finanzen
Steuer
Wirtschaftswachstum
OECD-Staaten
Wirkungsanalyse
- Event
-
Geistige Schöpfung
- (who)
-
Afonso, António
Ebert, Werner
Schuknecht, Ludger
Thöne, Michael
- Event
-
Veröffentlichung
- (who)
-
European Central Bank (ECB)
- (where)
-
Frankfurt a. M.
- (when)
-
2005
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Afonso, António
- Ebert, Werner
- Schuknecht, Ludger
- Thöne, Michael
- European Central Bank (ECB)
Time of origin
- 2005
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