Abstract
We study the relevance of fiscal rules for growth in an European Union (EU) panel. Our results show that they foster growth, while stricter fiscal rules mitigate the adverse impact on growth from big governments. Moreover, more recent EU member states have gained from the implementation of fiscal rules.
Original language | English |
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Pages (from-to) | 34-40 |
Number of pages | 7 |
Journal | Applied Economics Letters |
Volume | 20 |
Issue number | 1 |
Early online date | 18 May 2012 |
DOIs | |
Publication status | Published - 2013 |
Keywords
- fiscal rules
- growth
- government size
- panel data
- C23
- E62
- H60