THE SIZE OF GOVERNMENT AND ECONOMIC GROWTH IN EU COUNTRIES

Q1 Social Sciences

Administratie si Management Public Pub Date : 2023-05-30 DOI:10.24818/amp/2023.40-01

Andrea TKACOVA, Beata GAVUROVA, Maria MASLISOVA

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Abstract

The relationship between the public sector size and economic growth is the subject of many discussions. Momentarily, the four elementary streams are defined, while the resulting impact depends on the monitored sample of the countries and the employed methodology. The aim of the paper was to identify the impact of the public sector size on the economic growth of the 27 EU countries in the period 1996 to 2021. The public sector size was quantified using four different variables as total public expenditure, total public revenue, tax revenue and final government consumption. Through panel regression, the negative impact of the public sector size on the economic growth of the EU countries was demonstrated in all four models, while the most significant negative impact was reached by the final government consumption. The significant negative impact of the crisis presence on the economic growth of the EU countries was also demonstrated. The EU countries should focus their activities there to diminish the public sector growth and to manage the structure of the government expenditures from the current to capital expenditures of an investment characteristic.

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欧盟国家的政府规模和经济增长

公共部门规模与经济增长之间的关系是许多讨论的主题。暂时确定了四种基本流，而由此产生的影响取决于监测的国家样本和所采用的方法。本文的目的是确定1996年至2021年期间公共部门规模对27个欧盟国家经济增长的影响。公共部门的规模使用四个不同的变量进行量化，即公共支出总额、公共收入总额、税收收入和最终政府消费。通过面板回归，四个模型都证明了公共部门规模对欧盟国家经济增长的负面影响，而最终政府消费的负面影响最为显著。危机存在对欧盟国家经济增长的显著负面影响也得到了证明。欧盟各国应将其活动重点放在减少公共部门增长和管理政府支出结构上，使其从经常支出转向具有投资特征的资本支出。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Administratie si Management Public Social Sciences-Sociology and Political Science

CiteScore

6.00

自引率

0.00%

发文量

期刊介绍： Is an international academic journal, published by The Bucharest University of Economic Studies, Faculty of Administration and Public Management and the International Centre for Public Management. Is an open access journal published in English, twice a year. Is double peer-reviewed. Includes articles prepared by scholars, researchers and practitioners. Is addressed to the teachers, researchers, Ph. D students, master students, undergraduate students, public managers, civil servants and to other categories of readers. The papers published in this journal: - Contain the research results of some researches and surveys developed by the authors. - Include new theoretical/practical and original approaches that were presented and analysed by the authors. - Offer solutions for the public managers problems. - Stimulate the know-how transfer from an institution to another, from a country to another in the areas of administration and public management. The paper proposed for evaluation can be sent throughout the year, preferably by the end of April or before the end of October. Main areas covered by the journal articles are: public management; public administration; public policy; public services; social economy; social environment; management of the nongovernmental organizations; human resources management in the public sector; decision making in public organizations; governance; communication in public sector; sociology; demografy; migration; globalization; other related domains.