CHANGES OF THE ECONOMIC SITUATION VS. THE STATE OF PUBLIC FINANCES IN POLAND IN 2007-2015
The paper is devoted to the analysis of the impact of changes in the level of economic growth on the volumes deciding about the condition of public finances. The main hypothesis put forward in the paper is the assertion that the changes of the economic situation affect substantially the state of pub...
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| Format: | Article |
| Language: | English |
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Bielsko-Biała School of Finance and Law
2016-02-01
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| Series: | Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej |
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| Online Access: | https://www.wsfip.edu.pl/index.php/asej/article/view/325 |
| _version_ | 1797398282019799040 |
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| author | Mariusz Zieliński |
| author_facet | Mariusz Zieliński |
| author_sort | Mariusz Zieliński |
| collection | DOAJ |
| description | The paper is devoted to the analysis of the impact of changes in the level of economic growth on the volumes deciding about the condition of public finances. The main hypothesis put forward in the paper is the assertion that the changes of the economic situation affect substantially the state of public finances, causing changes on the level of revenues and expenditures of public sector. The second hypothesis is the assertion that fiscal policy in Poland, in the analyzed period, was of a passive nature. The paper contains data analysis of the period between 2007 and 2015 provided by the Central Statistical Office with the use of correlation rates. Statistically significant negative dependence was observed between GDP growth and expenditures of the State budget, total public debt and government sub-sector debt. Such results indicate the dominance of passive fiscal policy during the analyzed period. |
| first_indexed | 2024-03-09T01:23:21Z |
| format | Article |
| id | doaj.art-52181c5d3f8048ef8292afa83fc361c1 |
| institution | Directory Open Access Journal |
| issn | 2543-9103 2543-411X |
| language | English |
| last_indexed | 2024-03-09T01:23:21Z |
| publishDate | 2016-02-01 |
| publisher | Bielsko-Biała School of Finance and Law |
| record_format | Article |
| series | Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej |
| spelling | doaj.art-52181c5d3f8048ef8292afa83fc361c12023-12-10T08:31:26ZengBielsko-Biała School of Finance and LawZeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej2543-91032543-411X2016-02-01212CHANGES OF THE ECONOMIC SITUATION VS. THE STATE OF PUBLIC FINANCES IN POLAND IN 2007-2015Mariusz Zieliński0Opole UniversityThe paper is devoted to the analysis of the impact of changes in the level of economic growth on the volumes deciding about the condition of public finances. The main hypothesis put forward in the paper is the assertion that the changes of the economic situation affect substantially the state of public finances, causing changes on the level of revenues and expenditures of public sector. The second hypothesis is the assertion that fiscal policy in Poland, in the analyzed period, was of a passive nature. The paper contains data analysis of the period between 2007 and 2015 provided by the Central Statistical Office with the use of correlation rates. Statistically significant negative dependence was observed between GDP growth and expenditures of the State budget, total public debt and government sub-sector debt. Such results indicate the dominance of passive fiscal policy during the analyzed period. https://www.wsfip.edu.pl/index.php/asej/article/view/325economic cycleeconomic growthrecessionpublic finance sectorGDP |
| spellingShingle | Mariusz Zieliński CHANGES OF THE ECONOMIC SITUATION VS. THE STATE OF PUBLIC FINANCES IN POLAND IN 2007-2015 Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej economic cycle economic growth recession public finance sector GDP |
| title | CHANGES OF THE ECONOMIC SITUATION VS. THE STATE OF PUBLIC FINANCES IN POLAND IN 2007-2015 |
| title_full | CHANGES OF THE ECONOMIC SITUATION VS. THE STATE OF PUBLIC FINANCES IN POLAND IN 2007-2015 |
| title_fullStr | CHANGES OF THE ECONOMIC SITUATION VS. THE STATE OF PUBLIC FINANCES IN POLAND IN 2007-2015 |
| title_full_unstemmed | CHANGES OF THE ECONOMIC SITUATION VS. THE STATE OF PUBLIC FINANCES IN POLAND IN 2007-2015 |
| title_short | CHANGES OF THE ECONOMIC SITUATION VS. THE STATE OF PUBLIC FINANCES IN POLAND IN 2007-2015 |
| title_sort | changes of the economic situation vs the state of public finances in poland in 2007 2015 |
| topic | economic cycle economic growth recession public finance sector GDP |
| url | https://www.wsfip.edu.pl/index.php/asej/article/view/325 |
| work_keys_str_mv | AT mariuszzielinski changesoftheeconomicsituationvsthestateofpublicfinancesinpolandin20072015 |