The impact of fiscal policy on the economic growth of OECD members between 1985 and 2015
We aim to evaluate the impact of fiscal policy on the OECD countries’ economies between 1985 and 2015. We estimate the impact of fiscal policy using econometric estimation based on panel data. We conclude that government spending on primary expenses and government spending on military are fiscal pol...
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| Format: | Article |
| Language: | English |
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Economists' Association of Vojvodina
2025-01-01
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| Series: | Panoeconomicus |
| Subjects: | |
| Online Access: | https://doiserbia.nb.rs/img/doi/1452-595X/2025/1452-595X2400014A.pdf |
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| _version_ | 1850138358938861568 |
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| author | Afonso Oscar Alves Paulo Fortuna Natércia |
| author_facet | Afonso Oscar Alves Paulo Fortuna Natércia |
| author_sort | Afonso Oscar |
| collection | DOAJ |
| description | We aim to evaluate the impact of fiscal policy on the OECD countries’ economies between 1985 and 2015. We estimate the impact of fiscal policy using econometric estimation based on panel data. We conclude that government spending on primary expenses and government spending on military are fiscal policies that negatively impact economic growth. In turn, government spending on education and tax revenue have a positive effect on economic growth. |
| format | Article |
| id | doaj-art-e87c13c226984c9f89dfc14936197b80 |
| institution | OA Journals |
| issn | 1452-595X 2217-2386 |
| language | English |
| publishDate | 2025-01-01 |
| publisher | Economists' Association of Vojvodina |
| record_format | Article |
| series | Panoeconomicus |
| spelling | doaj-art-e87c13c226984c9f89dfc14936197b802025-08-20T02:30:35ZengEconomists' Association of VojvodinaPanoeconomicus1452-595X2217-23862025-01-0172216518210.2298/PAN210423014A1452-595X2400014AThe impact of fiscal policy on the economic growth of OECD members between 1985 and 2015Afonso Oscar0https://orcid.org/0000-0002-9597-9850Alves Paulo1Fortuna Natércia2Universidade do Porto, Faculdade de Economia, Centre for Economics and Finance at UP (CEFUP), PortugalUniversidade do Porto, Faculdade de Economia, PortugalUniversidade do Porto, Faculdade de Economia, Centre for Economics and Finance at UP (CEFUP), PortugalWe aim to evaluate the impact of fiscal policy on the OECD countries’ economies between 1985 and 2015. We estimate the impact of fiscal policy using econometric estimation based on panel data. We conclude that government spending on primary expenses and government spending on military are fiscal policies that negatively impact economic growth. In turn, government spending on education and tax revenue have a positive effect on economic growth.https://doiserbia.nb.rs/img/doi/1452-595X/2025/1452-595X2400014A.pdffiscal policyoecdeconomic growth |
| spellingShingle | Afonso Oscar Alves Paulo Fortuna Natércia The impact of fiscal policy on the economic growth of OECD members between 1985 and 2015 Panoeconomicus fiscal policy oecd economic growth |
| title | The impact of fiscal policy on the economic growth of OECD members between 1985 and 2015 |
| title_full | The impact of fiscal policy on the economic growth of OECD members between 1985 and 2015 |
| title_fullStr | The impact of fiscal policy on the economic growth of OECD members between 1985 and 2015 |
| title_full_unstemmed | The impact of fiscal policy on the economic growth of OECD members between 1985 and 2015 |
| title_short | The impact of fiscal policy on the economic growth of OECD members between 1985 and 2015 |
| title_sort | impact of fiscal policy on the economic growth of oecd members between 1985 and 2015 |
| topic | fiscal policy oecd economic growth |
| url | https://doiserbia.nb.rs/img/doi/1452-595X/2025/1452-595X2400014A.pdf |
| work_keys_str_mv | AT afonsooscar theimpactoffiscalpolicyontheeconomicgrowthofoecdmembersbetween1985and2015 AT alvespaulo theimpactoffiscalpolicyontheeconomicgrowthofoecdmembersbetween1985and2015 AT fortunanatercia theimpactoffiscalpolicyontheeconomicgrowthofoecdmembersbetween1985and2015 AT afonsooscar impactoffiscalpolicyontheeconomicgrowthofoecdmembersbetween1985and2015 AT alvespaulo impactoffiscalpolicyontheeconomicgrowthofoecdmembersbetween1985and2015 AT fortunanatercia impactoffiscalpolicyontheeconomicgrowthofoecdmembersbetween1985and2015 |