Do fiscal rules matter for growth?

António Afonso, Joao Jalles

Research output: Contribution to journalArticlepeer-review

14 Citations (Scopus)


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 languageEnglish
Pages (from-to)34-40
Number of pages7
JournalApplied Economics Letters
Issue number1
Early online date18 May 2012
Publication statusPublished - 2013


  • fiscal rules
  • growth
  • government size
  • panel data
  • C23
  • E62
  • H60


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