Artikel
Analysing of government's fiscal behaviour in the EU member states through clustering procedure
The typical behaviour of EU Member States over the past decades has been to spend more public money than revenue earned by the government to finance programs with more or less important impact on society. Budget deficits and public debt have become important issues for EU countries, especially since a common currency, combined with very different tax regimes, can give rise to dangerous and unfair behaviours. The study proposes a new research technique for the fiscal behaviour of EU Member States. In the first stage of the research, a number of variables related to structural imbalances were defined. We assumed that EU Member States can be grouped into clusters according to these variables by which we characterize disciplined or undisciplined fiscal behaviour. We used Kmeans cluster analysis in order to establish if there are some clear patterns of fiscal behaviour among EU members. The research findings indicate that the research technique for the fiscal behaviour of Member States we proposed might be developed so as to allow identifying the Member States facing or likely to face problems in terms of public finances sustainability.
- Language
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Englisch
- Bibliographic citation
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Journal: UTMS Journal of Economics ; ISSN: 1857-6982 ; Volume: 10 ; Year: 2019 ; Issue: 1 ; Pages: 23-39
- Classification
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Wirtschaft
Fiscal Policy
National Budget, Deficit, and Debt: General
- Subject
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election cycle
fiscal sustainability
Kmeans cluster analysis
- Event
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Geistige Schöpfung
- (who)
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Pîrvu, Daniela
Dutu, Amalia
Enachescu, Carmen
- Event
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Veröffentlichung
- (who)
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University of Tourism and Management
- (where)
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Skopje
- (when)
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2019
- Handle
- Last update
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10.03.2025, 11:45 AM CET
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
- Artikel
Associated
- Pîrvu, Daniela
- Dutu, Amalia
- Enachescu, Carmen
- University of Tourism and Management
Time of origin
- 2019
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