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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Main Authors: Molina Morales, Agustín, Amate Fortes, Ignacio, Guarnido Rueda, Almudena
Format: info:eu-repo/semantics/article
Language:English
Published: Taylor & Francis 2024
Subjects:
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.
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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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