Fiscal assessment in the tax-spending nexus: A tale of central and eastern european countries

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dc.contributor.authorBolat, Süleyman
dc.contributor.authorBelke, Murat
dc.contributor.editorSedmihradska, L
dc.date.accessioned13.07.201910:50:10
dc.date.accessioned2019-07-16T09:19:09Z
dc.date.available13.07.201910:50:10
dc.date.available2019-07-16T09:19:09Z
dc.date.issued2015
dc.departmentİktisadi ve İdari Bilimler Fakültesi
dc.description20th International Conference on Theoretical and Practical Aspects of Public Finance -- APR 17-18, 2015 -- Praha, CZECH REPUBLIC
dc.descriptionWOS:000389582500003
dc.description.abstractThe purpose of this paper is to investigate the relationship in the government spending and taxes nexus in Central and Eastern European (CEE) countries in the period 1999Q1-2014Q1. Empirical test results show the validity of "tax-spend hypothesis" for Slovenia, the "spend-tax hypothesis" for Estonia, Latvia, and Slovakia, the "fiscal synchronization hypothesis" for Romania and Bulgaria. Finally, there are no causality relationship between taxes and spending for Czech Republic, Hungary, Lithuania, and Poland even at the 10% significance level. After Eurozone crisis, it is vital for controlling the excessive imbalances in the budget deficits. We indicate that the main policy implication is essential to reduce the public spending to continue the balance of public finance.
dc.description.sponsorshipUniv Econ, Fac Finance & Accounting, Dept Publ Finance
dc.identifier.endpage25en_US
dc.identifier.isbn978-80-245-2094-0
dc.identifier.startpage20en_US
dc.identifier.urihttps://hdl.handle.net/20.500.12451/4961
dc.identifier.wosWOS:000389582500003
dc.identifier.wosqualityN/A
dc.indekslendigikaynakWeb of Science
dc.language.isoen
dc.publisherVysoka Skola Ekonomicka & Praze
dc.relation.ispartofProceedings of The 20th International Conference on Theoretical and Practical Aspects of Public Finance 2015
dc.relation.publicationcategoryKonferans Öğesi - Uluslararası - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.subjectTax
dc.subjectSpend
dc.subjectCross Section Dependence
dc.subjectPanel Causality Test
dc.titleFiscal assessment in the tax-spending nexus: A tale of central and eastern european countries
dc.typeConference Object

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