 Pohledávky státu - destruktivní faktor fiskální politiky ČRState Receivables - Destructive Factor of the Czech Republic Fiscal PolicyKarel Zeman Politická ekonomie, 2016, vol. 2016, issue 3, 264-292 Abstract: The fundamental premise for the regular performance of economic policy, fulfilment of the revenues of the state budget and thus creating optimal conditions for efficient fiscal policy realization, is to minimize state receivables after maturity, as the theoretical planning of the revenue side of the state budget is irrelevant considering that tax payers and other entities fail to fulfil their liabilities towards the state, more precisely state budget, and conversely the state is not able to provide the approved income in the state budget. The objective of this paper is to: analyse the development of state receivables in years 2001-2014; identify the causes of the state receivables origin; test econometrically the dependence of formation of the state receivables after maturity on the economic cycle, the tax rate change and entry of the Czech Republic to the European Union; evaluate the results of the long-term research of implementation of an experimental model, during which the possibility of reaching incomparably higher efficiency was verified and proven in the management process of state receivables recovery; highlight this important negative determinant of the state fiscal policy. With regard to aforesaid, this text is structured in the following way. First, the author took into consideration the theories which are connected with surveyed matters, following by the characteristic and causes of state receivables development for the period of 1991 to 2014. The economic testing of dependence comes after. Next chapter characterizes the development of two experimental models for management process of recovery of state receivables after maturity, research results included. The last chapter provides all the research results, evaluates the economic policy significance of this destructive factor of fiscal policy and suggests some solutions. Keywords: unpaid balances; transaction cost; taxes; regression analysis; receivables; implementation; economic and fiscal policy; econometric testing (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:prg:jnlpol:v:2016:y:2016:i:3:id:1070:p:264-292 Ordering information: This journal article can be ordered from Access Statistics for this article Politická ekonomie is currently edited by Jiřina Bulisová More articles in Politická ekonomie from Prague University of Economics and Business Contact information at EDIRC. |
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