{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2025,12,8]],"date-time":"2025-12-08T22:43:50Z","timestamp":1765233830094,"version":"3.40.5"},"reference-count":30,"publisher":"National Library of Serbia","issue":"2","license":[{"start":{"date-parts":[[2025,1,1]],"date-time":"2025-01-01T00:00:00Z","timestamp":1735689600000},"content-version":"unspecified","delay-in-days":0,"URL":"http:\/\/creativecommons.org\/licenses\/by\/4.0\/"}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["Panoeconomicus"],"published-print":{"date-parts":[[2025]]},"abstract":"<jats:p>We aim to evaluate the impact of fiscal policy on the OECD countries? economies between 1985 and 2015. We estimate the impact of fiscal policy using econometric estimation based on panel data. We conclude that government spending on primary expenses and government spending on military are fiscal policies that negatively impact economic growth. In turn, government spending on education and tax revenue have a positive effect on economic growth.<\/jats:p>","DOI":"10.2298\/pan210423014a","type":"journal-article","created":{"date-parts":[[2024,7,2]],"date-time":"2024-07-02T07:43:15Z","timestamp":1719906195000},"page":"165-182","source":"Crossref","is-referenced-by-count":2,"title":["The impact of fiscal policy on the economic growth of OECD members between 1985 and 2015"],"prefix":"10.2298","volume":"72","author":[{"ORCID":"https:\/\/orcid.org\/0000-0002-9597-9850","authenticated-orcid":false,"given":"Oscar","family":"Afonso","sequence":"first","affiliation":[{"name":"Universidade do Porto, Faculdade de Economia, Centre for Economics and Finance at UP (CEFUP), Portugal"}]},{"given":"Paulo","family":"Alves","sequence":"additional","affiliation":[{"name":"Universidade do Porto, Faculdade de Economia, Portugal"}]},{"given":"Nat\u00e9rcia","family":"Fortuna","sequence":"additional","affiliation":[{"name":"Universidade do Porto, Faculdade de Economia, Centre for Economics and Finance at UP (CEFUP), Portugal"}]}],"member":"1078","reference":[{"key":"ref1","doi-asserted-by":"crossref","unstructured":"Abu-Bader, Suleiman, and Aamer Abu-Qarn. 2003. \u201cGovernment Expenditures, Military Spending and Economic Growth: Causality Evidence from Egypt, Israel, and Syria.\u201d Journal of Policy Modeling, 25(6-7): 567-583. http:\/\/dx.doi.org\/10.1016\/S0161-8938(03)00057-7","DOI":"10.1016\/S0161-8938(03)00057-7"},{"key":"ref2","unstructured":"Alam, Md Rafayet, Erick Kitenge, and Bizuayehu Bedane. 2017. \u201cGovernment Effectiveness and Economic Growth.\u201d Economics Bulletin, 37(1): 222-227."},{"key":"ref3","doi-asserted-by":"crossref","unstructured":"Ali, Shahid, Naved Ahmad, and Mahmood Khalid. 2010. \u201cThe Effects of Fiscal Policy on Economic Growth: Empirical Evidences based on Time Series Data from Pakistan.\u201d The Pakistan Development Review, 49(4): 491-512. http:\/\/dx.doi.org\/10.30541\/v50i4IIpp.491-511","DOI":"10.30541\/v50i4IIpp.491-511"},{"key":"ref4","doi-asserted-by":"crossref","unstructured":"Alves, Rui, and Oscar Afonso. 2007. \u201cThe \u2018New\u2019 Stability and Growth Pact: More Flexible, less Stupid?\u201d Intereconomics, 42(4): 218-225. http:\/\/dx.doi.org\/10.1007\/s10272-007-0222-y","DOI":"10.1007\/s10272-007-0222-y"},{"key":"ref5","unstructured":"Awaworyi, Sefa, Siew Ling Yew, and Mehmet Ugur. 2015. \u201cEffects of Government Education and Health Expenditures on Economic Growth: A Meta-Analysis.\u201d Greenwich Papers in Political Economy Working Paper 14072."},{"key":"ref6","unstructured":"Baldwin, Richard, and Charles Wyplosz. 2006. 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