Arbeitspapier

Inequality, Growth and Public Spending in Central, East and Southeast Europe

The paper analyses the joint determinants of inequality and growth with a special emphasis on public spending structures in transition. The mutual benefit of low real interest rates, to both equity and economic development is a major result of this paper. In terms of public spending items we find a positive correlation with equity and a negative one with growth as several of the government expenditure items seem to act counter-cyclically. In the late 1990s and early 2000s the European integration process allowed most of the transition economies to aim for the best of both worlds equity and economic development.

Language
Englisch

Bibliographic citation
Series: wiiw Working Paper ; No. 71

Classification
Wirtschaft
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Subject
inequality
government expenditures
economic growth
transition

Event
Geistige Schöpfung
(who)
Holzner, Mario
Event
Veröffentlichung
(who)
The Vienna Institute for International Economic Studies (wiiw)
(where)
Vienna
(when)
2010

Handle
Last update
20.09.2024, 8:25 AM CEST

Data provider

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Object type

  • Arbeitspapier

Associated

  • Holzner, Mario
  • The Vienna Institute for International Economic Studies (wiiw)

Time of origin

  • 2010

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