EconPapers    
Economics at your fingertips  
 

Fiscal Policy and Growth in the Context of European Integration

Paul Masson ()

No 00/133, IMF Working Papers from International Monetary Fund

Abstract: The paper considers the issue of whether a supranational fiscal policy in Europe is needed, and, if so, what responsibilities it should undertake. The literature on endogenous growth and the principle of subsidiarity suggest that such a policy should be limited to externalities or economies of scale not captured at the national level. These may include spending on research and development and transportation or knowledge networks, and harmonization of social security designed to enhance labor mobility. EU-wide stabilization policy or enhanced EU redistribution does not seem justified, however.

Keywords: European Union; Economic growth; Fiscal policy; Social security; Taxation; fiscal federalism, tax competition, tax rates, fiscal policies, pension, pensions (search for similar items in EconPapers)
Date: 2000-07-01
References: Add references at CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=3700 (application/pdf)

Related works:
Working Paper: Fiscal Policy and Growth in the Context of European Integration (2000)
Working Paper: Fiscal policy and growth in the context of European integration (2000) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfwpa:00/133

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Working Papers from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Jim Beardow ().

 
Page updated 2019-12-12
Handle: RePEc:imf:imfwpa:00/133