%0 Journal Article
%T FISCAL POLICY AND ECONOMIC GROWTH IN FRANCE, GERMANY, AND GREECE
%A Luis-Raul Boroac£¿
%J Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice
%D 2012
%I Vasile Goldis University Press
%X Fiscal policy is a major component of a country¡¯s economic policy. To counteract the negative effects of economic or extra-economic factors, the state can use a series of countercyclical policies. Fiscal policy is one of the most important short term policies that can be applied at the macroeconomic level. Fiscal policy can therefore affect a country¡¯s economic development. Using statistical software the author examines the possible correlations between fiscal policy and economic growth in three EU countries: France, Germany, and Greece. The period took into consideration for the study is 1996-2009.
%K fiscal policy
%K economic growth
%K deficit
%K GDP
%K correlation
%U http://www.uvvg.ro/studiaeconomia/images/2012/p1/1._Luis-Raul_Boroaca_-_FISCAL_POLICY_AND_ECONOMIC_GROWTH_IN_FRANCE_GERMANY_AND_GREECE.pdf