hrcak mascot   Srce   HID

Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2015.1028241

Causality between public wage bill, exports and economic growth in Slovenia

Maja Trošt
Štefan Bojnec

Puni tekst: engleski, pdf (577 KB) str. 119-131 preuzimanja: 248* citiraj
APA 6th Edition
Trošt, M. i Bojnec, Š. (2015). Causality between public wage bill, exports and economic growth in Slovenia. Economic research - Ekonomska istraživanja, 28 (1), 119-131. https://doi.org/10.1080/1331677X.2015.1028241
MLA 8th Edition
Trošt, Maja i Štefan Bojnec. "Causality between public wage bill, exports and economic growth in Slovenia." Economic research - Ekonomska istraživanja, vol. 28, br. 1, 2015, str. 119-131. https://doi.org/10.1080/1331677X.2015.1028241. Citirano 21.01.2020.
Chicago 17th Edition
Trošt, Maja i Štefan Bojnec. "Causality between public wage bill, exports and economic growth in Slovenia." Economic research - Ekonomska istraživanja 28, br. 1 (2015): 119-131. https://doi.org/10.1080/1331677X.2015.1028241
Harvard
Trošt, M., i Bojnec, Š. (2015). 'Causality between public wage bill, exports and economic growth in Slovenia', Economic research - Ekonomska istraživanja, 28(1), str. 119-131. https://doi.org/10.1080/1331677X.2015.1028241
Vancouver
Trošt M, Bojnec Š. Causality between public wage bill, exports and economic growth in Slovenia. Economic research - Ekonomska istraživanja [Internet]. 2015 [pristupljeno 21.01.2020.];28(1):119-131. https://doi.org/10.1080/1331677X.2015.1028241
IEEE
M. Trošt i Š. Bojnec, "Causality between public wage bill, exports and economic growth in Slovenia", Economic research - Ekonomska istraživanja, vol.28, br. 1, str. 119-131, 2015. [Online]. https://doi.org/10.1080/1331677X.2015.1028241

Sažetak
This article aims to investigate the causal relationship between economic growth, exports and public wage bill spending, using the Johansen cointegration, Granger causality test, variance decomposition (VDC) and impulse response function (IRF). The empirical investigation focuses on the case of a small open and export-oriented Slovenian economy, where public wage bill spending accounts for a sizable share of public xpenditure. The results show a significant impact of public wage bill
spending on exports. Reduction of public wage bill spending should be adapted to the circumstances in the economy to assure financial consolidation.

Ključne riječi
causality; public wage bill; export; economic growth; cointegration; Granger causality; variance decomposition (VDC); impulse response function (IRF); Slovenia

Hrčak ID: 171492

URI
https://hrcak.srce.hr/171492

Posjeta: 343 *