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An Analysis of the Convergence of the Composition of Public Expenditures in E uropean U nion Countries

Bibliographic Data

ID7579217
AuthorsJesus Ferreiro (0000-0002-5732-7966, Department Applied Economics V, Faculty of Economics and Business University of the Basque Country Avenida Lehendakari Agirre, 83 48015 Bilbao Spain, corresponding author), M Teresa García‐del‐Valle (Department Applied Economics V, Faculty of Economics and Business University of the Basque Country Avenida Lehendakari Agirre, 83 48015 Bilbao Spain, corresponding author), Carmen Gómez (0000-0002-9412-4367, Department Applied Economics V, Faculty of Economics and Business University of the Basque Country Avenida Lehendakari Agirre, 83 48015 Bilbao Spain, corresponding author)
Year2013
Volume72
Issue4
Pages799-825
Publication date2013-10-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueAmerican Journal of Economics and Sociology (JOURNAL)
Journal identifiersISSN: 0002-9246 • E-ISSN: 1536-7150
PublisherWiley (PUBLISHER • GB)
DOI10.1111/ajes.12028
OpenAlexW1498173502
LanguageEN
Citations received6
References cited33

The literature on fiscal policies is paying increasing attention to the impact of the composition of public expenditures on long‐term economic growth. Public policy endogenous growth models recommend to change the composition of public expenditures to items considered productive expenditures. In this sense, E uropean institutions are encouraging the rise in the share of productive outlays like public investments, R&D , and active labor market policies, among others. The article analyzes whether these recommendations are followed by E uropean U nion countries and whether a convergence to a new pattern of public finances with a higher share of those items considered productive expenditures by E uropean institutions is arising

Composition (language) · Convergence (economics) · Economic growth · Economic policy · Economics · Endogenous growth theory · European union · Fiscal policy · Macroeconomics · Public economics · Public policy · Economic Growth and Productivity · Fiscal Policies and Political Economy · Fiscal Policy and Economic Growth

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Unique citing works6
Citations per year0,6
Citation span2016 - 2025 (10)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 5

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