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

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cris.sourceIdoai:journals.unwe.bg:article/340
dc.creatorVelichkov, Nikolayen
dc.date2021-10-21
dc.date.accessioned2026-09-24T23:11:34Z
dc.date.available2026-09-24T23:11:34Z
dc.descriptionThe 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.en
dc.formatapplication/pdf
dc.identifierhttps://rp.unwe.bg/index.php/rp/article/view/340
dc.identifier10.37075/RP.2021.4.05
dc.identifier.urihttps://ds.e-dnrs.org/handle/123456789/1261
dc.languageen
dc.publisherAcademic Publishing UNWE (AP-UNWE)en
dc.relationhttps://rp.unwe.bg/index.php/rp/article/view/340/332
dc.rightsCopyright (c) 2021 Nikolay Velichkov (Author)en
dc.rightshttps://creativecommons.org/licenses/by/4.0en
dc.sourceResearch Papers of UNWE; No. 4 (2021); 119-128en
dc.subjectPublic expendituresen
dc.subjectMacroeconomic activityen
dc.subjectBELL countriesen
dc.subjectPIIGS countriesen
dc.subjectE32 - Business Fluctuations • Cyclesen
dc.subjectE62 - Fiscal Policy • Modern Monetary Theoryen
dc.subjectH12 - Crisis Managementen
dc.subjectH50 - Generalen
dc.titleDynamics and Macroeconomic Interaction of Government Expenditure in BELL and PIIGS: A Comparative Analysisen
dc.typePeer-reviewed Articleen

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