Influence of the Global Financial Crisis on Fiscal Burden in the EU Economies

Adam Balcerzak ()

No 39/2016, Working Papers from Institute of Economic Research

Abstract: The main aim of the article is to assess an influence of the last global financial crisis on the level of fiscal burden in Central European countries compared to old member states of the EU. In the research the fiscal burden was treated as multidimensional phenomenon, which should be analyzed with application of multiple criteria analysis tools. In the research zero unitatization method was applied, which allowed to create synthetic measure of the fiscal burden in the EU countries in the years 2004-2015. The measure allowed to propose rankings of the countries and assess the changes of the level of the fiscal burden during and after the crisis. The research was based on the Eurostat data.

Keywords: fiscal burden; multiple criteria analysis; zero unitarization method; synthetic measure (search for similar items in EconPapers)
JEL-codes: C38 E61 O52 (search for similar items in EconPapers)
Date: 2016-12, Revised 2016-12
New Economics Papers: this item is included in nep-mac and nep-tra
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Persistent link: https://EconPapers.repec.org/RePEc:pes:wpaper:2016:no39

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