Prowzrostowe i nieprowzrostowe wydatki sektora finansów publicznych w Polsce na tle krajów Unii Europejskiej
GROWTH-PROMOTING AND NON- GROWTH-PROMOTING EXPENDITURES OF PUBLIC FINANCE SECTOR IN POLAND AGAINST EUROPEAN UNION COUNTRIES
Author(s): Zbigniew KarmelaSubject(s): Economy, Public Finances
Published by: Wydawnictwo Uniwersytetu w Białymstoku
Keywords: economic growth; public spending; COFOG
Summary/Abstract: The purpose of this paper is to distinguish growth-promoting, neutral and non-growth-promoting expenditures of the public finance sector, comparative analysis of their current structure and dynamics in previous years in Poland as compared with the other EU countries. The analysis concerns 28 countries over the period 1996-2015. The proposed division into growth-promoting and non-growth-promoting public expenditures is based on available literature and an estimation using a fixed effects model. Since the analysis of the existing literature fails to provide a clear answer to which groups of public expenditure promote growth, certain simplified assumptions are adopted based on the results of the fixed effects model. Based on the estimation, growth-promoting expenditures were found to include: general public services, defense, public safety and order, as well as economic purposes, whereas non-productive ones encompassed: environmental protection, recreation, culture and religion, and social protection. Also, since 2011, non-growth-promoting public spending has begun to displace growth-promoting public expenditures.
Journal: Optimum. Economic Studies
- Issue Year: 90/2017
- Issue No: 6
- Page Range: 12-26
- Page Count: 15
- Language: Polish