The Implications of Public Indebtedness on Public Expenditures in Romania

Bogdan Zugravu and Dobranschi Marian ()
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Dobranschi Marian: Faculty of Economics and Business Administration,“Al.I.Cuza” University of Iasi

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 1, 1783-1788

Abstract: In this article we analyze which are the mutations of public debt stock and public debt service on the structure of public expenditures. We use functional classification of public expenditures and observe their evolution by using multiple regression equation in order to emphasize the shifts of public expenditures as a response at public debt service and its stock variations along with other macroeconomic indicators which bear a significant influence on public expenditures dynamic.

Keywords: Public debt; public debt service; public expenditures; functional classification of public expenditures; public expenditures mutations (search for similar items in EconPapers)
JEL-codes: H50 H62 H63 H68 H69 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xii:y:2012:i:12:p:1783-1788

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