Redistribution, growth and productivity relationship in fiscal policy in core and peripheral countries

• Hakki Hakan Yilmaz ^[1] ; Ali Sertaç Kanaci ^[1]
  1. [1] Ankara University

     Ankara University

     Turquía

     
• Localización: Hacienda Pública Española / Review of Public Economics, ISSN 0210-1173, Nº 238, 2021, págs. 61-79
• Idioma: español
• Títulos paralelos:
  • Relación entre redistribución, crecimiento y productividad en la política fiscal de los países centrales y periféricos
• Enlaces
  • Texto Completo Ejemplar
• Resumen
  • español

    The main purpose of this study is to analyze the impact of fscal policies on growth and productivity by dynamic panel data analysis in core and periphery countries. The results of the analysis differed for the core and periphery countries, it was observed that the effect of public expenditures and revenues had a different impact on growth and productivity. Study found that public expenditure and revenues had negative relations on growth performance for both groups. It is considered that government budget policies should be improved on the basis of a more responsive and inclusive way. Regarding to the labor productivity, increasing government expenditures promotes labor productivity in core countries, while it does not in the periphery countries. The impact of inequality on growth and productivity is not found statistically signifcant in two country groups. Main conclusion is that fscal policy plays a more active role in the growth and productivity.

  • English

    El propósito principal de este estudio es analizar el impacto de las políticas fiscales en el crecimiento y la productividad por Análisis dinámico de datos de panel en países centrales y periféricos. Los resultados del análisis difirieron para el núcleo países de la periferia, se observó que el efecto de los gastos e ingresos públicos tuvo un impacto en el crecimiento y la productividad. Estudio encontró que el gasto público y los ingresos tenían relaciones negativas en el desempeño del crecimiento para ambos grupos. Se considera que las políticas presupuestarias gubernamentales deben mejorarse sobre la base de una forma más receptiva e inclusiva. En cuanto a la productividad laboral, aumentar el gasto público promueve la productividad laboral en los países centrales, mientras que no lo hace en la periferia los paises. El impacto de la desigualdad en el crecimiento y la productividad no se encuentra estadísticamente signifcativo en dos grupos de países. La principal conclusión es que la política fiscal juega un papel más activo en el crecimiento y la productividad.

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