Utilize este identificador para referenciar este registo: http://hdl.handle.net/10400.5/2127
Título: Quality of public finances and growth
Autor: Afonso, António
Ebert, Werner
Schuknecht, Ludger
Thone, Michael
Palavras-chave: quality of public finances
efficiency
growth
Data: Fev-2005
Editora: European Central Bank
Citação: Afonso, António ... [et al.]. 2005. "Quality of public finances and growth". European Central Bank working paper series nº 438-2005
Relatório da Série N.º: European Central Bank working paper series;nº 438-2005
Resumo: 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.
URI: http://hdl.handle.net/10400.5/2127
ISSN: 1725-2806
Versão do Editor: http://www.ecb.int/pub/pdf/scpwps/ecbwp438.pdf
Aparece nas colecções:DE - Documentos de trabalho / Working Papers

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