Economic and Institutional Determinants in Fiscal Pressure: An Application to the European Case
The objective of this study has been to undertake an analysis of the economic and institutional determining factors of fiscal pressure in a group of European countries with different levels of economic development, recent history, or level of cooperation and integration among them. We have used a pa...
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Format: | info:eu-repo/semantics/article |
Language: | English |
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Taylor & Francis
2024
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Online Access: | http://hdl.handle.net/10835/15103 |
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author | Molina Morales, Agustín Amate Fortes, Ignacio Guarnido Rueda, Almudena |
author_facet | Molina Morales, Agustín Amate Fortes, Ignacio Guarnido Rueda, Almudena |
author_sort | Molina Morales, Agustín |
collection | DSpace |
description | The objective of this study has been to undertake an analysis of the economic and institutional determining factors of fiscal pressure in a group of European countries with different levels of economic development, recent history, or level of cooperation and integration among them. We have used a panel of data from 40 countries and a time period of eleven years. Apart from the variables generally used, we have introduced additional ones such as governing party ideology, rate of economic freedom of Euro-area countries, together with another set of institutional variables. Results obtained show that the purely economic model improves when institutional and geopolitical variables are included and, in this way, it is possible to see which countries governed by the left, belonging to the Euro-area or having been members of the Soviet block, and with economic freedom, are more liable to increase fiscal pressure. |
format | info:eu-repo/semantics/article |
id | oai:repositorio.ual.es:10835-15103 |
institution | Universidad de Cuenca |
language | English |
publishDate | 2024 |
publisher | Taylor & Francis |
record_format | dspace |
spelling | oai:repositorio.ual.es:10835-151032024-01-11T11:24:14Z Economic and Institutional Determinants in Fiscal Pressure: An Application to the European Case Molina Morales, Agustín Amate Fortes, Ignacio Guarnido Rueda, Almudena Public economics Institutions fiscal pressure public expenditure The objective of this study has been to undertake an analysis of the economic and institutional determining factors of fiscal pressure in a group of European countries with different levels of economic development, recent history, or level of cooperation and integration among them. We have used a panel of data from 40 countries and a time period of eleven years. Apart from the variables generally used, we have introduced additional ones such as governing party ideology, rate of economic freedom of Euro-area countries, together with another set of institutional variables. Results obtained show that the purely economic model improves when institutional and geopolitical variables are included and, in this way, it is possible to see which countries governed by the left, belonging to the Euro-area or having been members of the Soviet block, and with economic freedom, are more liable to increase fiscal pressure. 2024-01-11T11:24:14Z 2024-01-11T11:24:14Z 2011 info:eu-repo/semantics/article Molina-Morales, A., Amate-Fortes, I., & Guarnido-Rueda, A. (2011). Economic and institutional determinants in fiscal pressure: an application to the European case. Journal of Economic Issues, 45(3), 573-592. 0021-3624 http://hdl.handle.net/10835/15103 10.2753/JEI0021-3624450303 en https://www.tandfonline.com/doi/abs/10.2753/JEI0021-3624450303 Attribution-NonCommercial-NoDerivatives 4.0 Internacional http://creativecommons.org/licenses/by-nc-nd/4.0/ info:eu-repo/semantics/openAccess Taylor & Francis |
spellingShingle | Public economics Institutions fiscal pressure public expenditure Molina Morales, Agustín Amate Fortes, Ignacio Guarnido Rueda, Almudena Economic and Institutional Determinants in Fiscal Pressure: An Application to the European Case |
title | Economic and Institutional Determinants in Fiscal Pressure: An Application to the European Case |
title_full | Economic and Institutional Determinants in Fiscal Pressure: An Application to the European Case |
title_fullStr | Economic and Institutional Determinants in Fiscal Pressure: An Application to the European Case |
title_full_unstemmed | Economic and Institutional Determinants in Fiscal Pressure: An Application to the European Case |
title_short | Economic and Institutional Determinants in Fiscal Pressure: An Application to the European Case |
title_sort | economic and institutional determinants in fiscal pressure: an application to the european case |
topic | Public economics Institutions fiscal pressure public expenditure |
url | http://hdl.handle.net/10835/15103 |
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