Главен редактор
  • проф. д-р Христина Николова
Редакционен съвет
  • проф. д-р Христина Николова, УНСC
  • проф. д.с.н. Елка Тодорова, УНСС
  • проф. д.н. Мая Ламбовска, УНСС
  • доц. д-р Тодор Недев, УНСС
  • доц. д-р Дорина Кабакчиева, УНСС
  • доц. д-р Паскал Желев, УНСС
Научен секретар
  • доц. д-р Александър Вълков, УНСС
Координатор
  • ас. д-р Веселина Любомирова, УНСС
Международен редакционен съвет
  • Damian Stantchev, PhD
    Edinburgh NAPIER University, UK

  • Ivaylo Vassilev, PhD
    University of Southampton,UK

  • Prof. Irina Kuzmina-Merlino, PhD
    Transport and Telecommunication Institute, Riga

  • Milan Zdravkovic
    University of Niš, Serbia

  • Prof. Niculae Mihaita, PhD
    Bucharest Academy of Economic Studies, Romania

  • Prof. Ricardo Jardim-Gonçalves, PhD
    UNINOVA institute, New University of Lisbon, Portugal

  • Prof. Ing. Jaroslav Belás, PhD
    Tomas Bata University in Zlín, Czech Republic

  • Prof. John Rijsman, PhD
    Tilburg University

  • Prof. Ing. Zdenek Dvorák, PhD
    University of Zilina, Slovak Republic

  • Prof. Zoran Cekerevac, PhD
    “Union – Nikola Tesla” University in Belgrade, Serbia

Dynamics and Macroeconomic Interaction of Government Expenditure in BELL and PIIGS: A Comparative Analysis
Научни трудове на УНСС - Том 4/2021
година 2021
Брой 4

Dynamics and Macroeconomic Interaction of Government Expenditure in BELL and PIIGS: A Comparative Analysis

Резюме

The paper looks at the dynamics of government expenditure in the BELL (Bulgaria, Estonia, Latvia and Lithuania) and PIIGS (Portugal, Ireland, Italy, Greece and Spain) countries for the period 2000-2019, emphasizing its relationship with changes in macroeconomic activity. The empirical results show clear peculiarities both in time and in relation to the two distinct groups of countries. These differences between the BELL and PIIGS countries are reflected both in the own government expenditure dynamics and in the share of GDP, as well as in the cyclical interaction of government spending.

JEL: E32, E62, H12, H50

Ключови думи

macroeconomic activity, government expenditure, BELL countries, PIIGS countries
Свалете RP_vol4_2021_No05_N Velichkov.pdf
ABSTRACTING AND INDEXING

ISSN (print): 0861-9344
ISSN (online): 2534-8957