The Correlation between Fiscal Policy and Economic Growth

Laura Obreja Brasoveanu () and Iulian Brasoveanu
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Iulian Brasoveanu: Academy of Economic Studies, Bucharest
Authors registered in the RePEc Author Service: Iulian Viorel Brasoveanu ()

Theoretical and Applied Economics, 2008, vol. 7(524), issue 7(524), 19-26

Abstract: The analysis of the correlation between fiscal policy and economic growth represents an important and very debated topic in the theoretical and empirical literature. In this study we test the correlation between fiscal policy and economic growth in Romania, for the period 1990-2007. The correlation pattern between the real growth rate of the GDP and the categories of budgetary revenues reveals a link of negative causality between the economic growth and fiscal revenues.

Keywords: fiscal policy; economic growth; budgetary revenues; taxes. (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:7(524):y:2008:i:7(524):p:19-26

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