Public Budget Policy has been traditionally considered as a means for conveying macroeconomic policy, seeking a variety of social and economic objectives. As modern economies face, in the 1990s, a challenging bundle of problems, public policy is of growing importance. This volume contains ten scientific papers presented at the Applied Econometrics Association (AEA) Conference on 'Public Budget Modelling', held in Athens in April 1993. The focus is on the European context of public budget policy and a variety of different approaches are used - theoretical modelling, econometrics and applied…mehr
Public Budget Policy has been traditionally considered as a means for conveying macroeconomic policy, seeking a variety of social and economic objectives. As modern economies face, in the 1990s, a challenging bundle of problems, public policy is of growing importance. This volume contains ten scientific papers presented at the Applied Econometrics Association (AEA) Conference on 'Public Budget Modelling', held in Athens in April 1993. The focus is on the European context of public budget policy and a variety of different approaches are used - theoretical modelling, econometrics and applied general equilibrium modelling. Empirical evidence and case studies of European countries are contained in all the papers.
Professor Pantélis Capros teaches economics and operations research at the National Technical University of Athens. He has fifteen years of experience in the field of applied economic, energy and environmental modelling and policy analysis and has been involved in the construction of large-scale applied economic models for the European Union. Professor Danièle Meulders holds a chair in Public Finance at the Free University of Brussels and supervises the research team on Labour Economics of the Department of Applied Economics.
Inhaltsangabe
INTRODUCTION Part I Theoretical aspects 1 PUBLIC EXPENDITURES, TAXES, DEBT AND ENDOGENOUS GROWTH 2 ENDOGENOUS GROWTH AND BUDGETARY POLICY IN THE OPEN ECONOMY Part II Public deficits and stabilization3 PROPOSALS FOR COMMUNITY STABILIZATION MECHANISMS: SOME HISTORICAL APPLICATIONS 4 SOME STOCHASTIC IMPLICATIONS OF THE GOVERNMENT'S BUDGET CONSTRAINT: AN EMPIRICAL ANALYSIS 5 CREDIT CONSTRAINTS AND THE EFFICIENCY OF BUDGETARY POLICY: THE PORTUGUESE CASE, 1958-88 6 STRUCTURAL ADJUSTMENT AND PUBLIC DEFICIT: A CGE MODELLING ANALYSIS FOR GREECE 7 PUBLIC DEFICITS AND INCOME DISTRIBUTION: RESULTS OF AN ECONOMETRIC BUSINESS CYCLE MODEL FOR THE FEDERAL REPUBLIC OF GERMANY Part III Structure of public expenditures and implications 8 PUBLIC SPENDING IN FEDERAL STATES: A COMPARATIVE ECONOMETRIC STUDY 9 CAUSALITY BETWEEN PUBLIC EXPENDITURE AND TAXATION: EVIDENCE FROM THE ITALIAN CASE 10 ON THE EFFICACY, EFFICIENCY AND EQUITY OF STATE SUPPORT IN BRITAIN
INTRODUCTION Part I Theoretical aspects 1 PUBLIC EXPENDITURES, TAXES, DEBT AND ENDOGENOUS GROWTH 2 ENDOGENOUS GROWTH AND BUDGETARY POLICY IN THE OPEN ECONOMY Part II Public deficits and stabilization3 PROPOSALS FOR COMMUNITY STABILIZATION MECHANISMS: SOME HISTORICAL APPLICATIONS 4 SOME STOCHASTIC IMPLICATIONS OF THE GOVERNMENT'S BUDGET CONSTRAINT: AN EMPIRICAL ANALYSIS 5 CREDIT CONSTRAINTS AND THE EFFICIENCY OF BUDGETARY POLICY: THE PORTUGUESE CASE, 1958-88 6 STRUCTURAL ADJUSTMENT AND PUBLIC DEFICIT: A CGE MODELLING ANALYSIS FOR GREECE 7 PUBLIC DEFICITS AND INCOME DISTRIBUTION: RESULTS OF AN ECONOMETRIC BUSINESS CYCLE MODEL FOR THE FEDERAL REPUBLIC OF GERMANY Part III Structure of public expenditures and implications 8 PUBLIC SPENDING IN FEDERAL STATES: A COMPARATIVE ECONOMETRIC STUDY 9 CAUSALITY BETWEEN PUBLIC EXPENDITURE AND TAXATION: EVIDENCE FROM THE ITALIAN CASE 10 ON THE EFFICACY, EFFICIENCY AND EQUITY OF STATE SUPPORT IN BRITAIN
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