EVOLUTION OF PUBLIC FINANCE SECTOR’S INCOME AND EXPENDITURE BETWEEN 2004 AND 2011

The aim of the article is to present the evolution of the structure of the public finance sector’s income and expenditure between 2004 and 2011 and an attempt to find and evaluate the determinants of those changes. The author verifies the hypothesis of a systematic increase in significance of the st...

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Main Author: Marek Chrzanowski
Format: Article
Language:English
Published: Lodz University Press 2014-02-01
Series:Acta Universitatis Lodziensis. Folia Oeconomica
Subjects:
Online Access:https://czasopisma.uni.lodz.pl/foe/article/view/117
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author Marek Chrzanowski
author_facet Marek Chrzanowski
author_sort Marek Chrzanowski
collection DOAJ
description The aim of the article is to present the evolution of the structure of the public finance sector’s income and expenditure between 2004 and 2011 and an attempt to find and evaluate the determinants of those changes. The author verifies the hypothesis of a systematic increase in significance of the state budget and appropriated funds as instruments of the redistribution of wealth occurring together with the processes of centralisation of income in government sub-sector and decentralisation of expenditures (due to increased transfers to the local government sub-sector). In order to verify this hypothesis data concerning income and expenditures of the public finance sector between 2004 and 2011 has been standardised, aggregated and analysed in the most crucial cross-sections. Issues raised in the article are extremely important in the context of remedial actions and an ongoing discussion in economic circles on the role of the expenditure rules in public finance sector. That being so, the report brings high value to the financial sciences and economics.
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spelling doaj.art-f6e199ff37b743f4ad833e352e70e2822022-12-22T02:18:28ZengLodz University PressActa Universitatis Lodziensis. Folia Oeconomica0208-60182353-76632014-02-01129939EVOLUTION OF PUBLIC FINANCE SECTOR’S INCOME AND EXPENDITURE BETWEEN 2004 AND 2011Marek Chrzanowski0Warsaw School of EconomicsThe aim of the article is to present the evolution of the structure of the public finance sector’s income and expenditure between 2004 and 2011 and an attempt to find and evaluate the determinants of those changes. The author verifies the hypothesis of a systematic increase in significance of the state budget and appropriated funds as instruments of the redistribution of wealth occurring together with the processes of centralisation of income in government sub-sector and decentralisation of expenditures (due to increased transfers to the local government sub-sector). In order to verify this hypothesis data concerning income and expenditures of the public finance sector between 2004 and 2011 has been standardised, aggregated and analysed in the most crucial cross-sections. Issues raised in the article are extremely important in the context of remedial actions and an ongoing discussion in economic circles on the role of the expenditure rules in public finance sector. That being so, the report brings high value to the financial sciences and economics.https://czasopisma.uni.lodz.pl/foe/article/view/117public finance, public sector, income, expenditure
spellingShingle Marek Chrzanowski
EVOLUTION OF PUBLIC FINANCE SECTOR’S INCOME AND EXPENDITURE BETWEEN 2004 AND 2011
Acta Universitatis Lodziensis. Folia Oeconomica
public finance, public sector, income, expenditure
title EVOLUTION OF PUBLIC FINANCE SECTOR’S INCOME AND EXPENDITURE BETWEEN 2004 AND 2011
title_full EVOLUTION OF PUBLIC FINANCE SECTOR’S INCOME AND EXPENDITURE BETWEEN 2004 AND 2011
title_fullStr EVOLUTION OF PUBLIC FINANCE SECTOR’S INCOME AND EXPENDITURE BETWEEN 2004 AND 2011
title_full_unstemmed EVOLUTION OF PUBLIC FINANCE SECTOR’S INCOME AND EXPENDITURE BETWEEN 2004 AND 2011
title_short EVOLUTION OF PUBLIC FINANCE SECTOR’S INCOME AND EXPENDITURE BETWEEN 2004 AND 2011
title_sort evolution of public finance sector s income and expenditure between 2004 and 2011
topic public finance, public sector, income, expenditure
url https://czasopisma.uni.lodz.pl/foe/article/view/117
work_keys_str_mv AT marekchrzanowski evolutionofpublicfinancesectorsincomeandexpenditurebetween2004and2011