Czasopismo
2014
|
nr 180, cz. 2 Dokonania współczesnej myśli ekonomicznej: racjonalność - efektywność - etyka. Cz. 2, Podejście praktyczne
|
236--246
Tytuł artykułu
Autorzy
Warianty tytułu
Fiscal Deficit Against Public Spending Rationality
Języki publikacji
Abstrakty
Celem niniejszego artykułu jest wykazanie, że zarówno w krótkim, jak i w długim okresie deficyt fiskalny nie sprzyja racjonalności wydatków publicznych, a także prowadzi do pogorszenia ich struktury.(fragment tekstu)
In the long run the fiscal deficit contributes to a reduction in potential GDP growth rate by at least a few channels. Two of them are related to the structure of public expenditure. Both the growth and maintenance of chronic deficit, lead to a permanent increase in public debt the interest of which - in the first place - crowd out developmentsupporting expenditures, i.e. spending for such purposes as: infrastructure, research and development. Moreover, the deficit leads to a diversion of public funds for goals, which are beneficial rather to the specific groups of society than to society as a whole, which, in turn, does not promote rationality and productivity of public spending. The purpose of this article is to show that both in the short and long-term the fiscal deficit is not conducive to rational public spending and leads to the deterioration in their structure.(original abstract)
Rocznik
Strony
236--246
Opis fizyczny
Twórcy
autor
- Wyższa Szkoła Zarządzania i Prawa im. H. Chodakowskiej w Warszawie
Bibliografia
- Adema W., Ladaique M.: How Expensive is the Welfare State? Gross and Net Indicators in the OECD Social Expenditure Database (SOCX). "OECD Social, Employment and Migration Working Papers". OECD Publishing, Paris 2009, No. 92.
- Afonso A., Schuknecht L., Tanzi V.: Public Sector Efficiency. Evidence for New EU Member States and Emerging Markets. European Central Bank, Working Paper Series, 2006, nr 581.
- Alesina A., Ardagna S.: Large Changes in Fiscal Policy: Taxes Versus Spending. NBER Working Paper 2009, No. 15438.
- Austerity: Too Much of a Good Thing? A VoxEU.org eCollection of Views by Leading Economists. Ed. G. Corsetti. Centre for Economic Policy Research (CEPR), 2012.
- Barrios S., Schaechte A.: Gauging by Numbers: A First Attempt to Measure the Quality of Public Finances in the EU. European Commission, Economic Papers 382, 2009.
- Barro R.: Government Spending in a Simple Model of Endogenous Growth. "Journal of Political Economy" 1990, Vol. 98, No. 5.
- Buchanan J-M.: Finanse publiczne w warunkach demokracji. PWN, Warszawa, 1997.
- Friedman M i R.: Tyrania Status Quo. Wydawnictwo Panta, Sosnowiec 1997.
- Kneller R., Bleaney M.F., Gemmell N.: Fiscal Policy and Growth: Evidence from OECD Countries. "Journal of Public Economics" 1999, No. 74.
- Program Konwergencji. Aktualizacja 2012. Warszawa 2012.
- Rzońca A.: Paraliżujący deficyt. Warszawa 2008.
- Rzońca A., Varoudakis A.: The Quality of Fiscal Adjustments in Transition Economies. "Bank i Kredy" 2007, nr 7.
- OECD Economic Outlook 85 database.
- Tanzi V.: The Changing Role of the State in the Economy: A Historical Perspective. IMF Working Paper, IMF 1997, nr 114.
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171288703