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Social preferences and fiscal policies: an analysis of the composition of public expenditures in the European Union

Author

Listed:
  • Jesús Ferreiro
  • M. Teresa García-del-Valle
  • Carmen Gómez

Abstract

The European Union has recently been putting the emphasis on the need to change the composition of public expenditures to what, according to the public policies endogenous models, is considered as a high quality of public financesâthat is, a higher share of productive expenditures. These recommendations are the same for all the EU member states. Joined to the fiscal requirements arisen from the Maastricht Treaty and the Stability and Growth Pact, EU authorities are promoting a one-size-fits-all fiscal policy model. Our paper analyzes the differences existing in the composition of public expenditures in the European Union. If this composition is significantly different, that would mean that in the European Union there are differences in the national preferences about the role-size of public expenditures, some that would not allow the implementation of a single model of public sector and fiscal policy.

Suggested Citation

  • Jesús Ferreiro & M. Teresa García-del-Valle & Carmen Gómez, 2010. "Social preferences and fiscal policies: an analysis of the composition of public expenditures in the European Union," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 32(3), pages 347-370, April.
    • Handle: RePEc:mes:postke:v:32:y:2010:i:3:p:347-370
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    Citations

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    Cited by:

    1. Salvatore Ercolano & Oriana Romano, 2018. "Spending for the Environment: General Government Expenditure Trends in Europe," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 138(3), pages 1145-1169, August.
    2. Jesús Ferreiro & Catalina Gálvez & Ana González, 2015. "Fiscal Policies in the European Union during the Crisis," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 62(2), pages 131-155, June.
    3. Gratiela Georgiana Noja & Mirela Cristea & Nicoleta Sirghi & Camelia-Daniela Hategan & Paolo D’Anselmi, 2019. "Promoting Good Public Governance and Environmental Support for Sustainable Economic Development," IJERPH, MDPI, vol. 16(24), pages 1-21, December.
    4. Elina De Simone & Giuseppe Lucio Gaeta & Salvatore Ercolano, 2012. "Exploring Public Social Expenditure Trends in the Globalization Era," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 23-42.
    5. Alan Barrell & Pawel Dobrzanski & Sebastian Bobowski & Krzysztof Siuda & Szymon Chmielowiec, 2021. "Efficiency of Environmental Protection Expenditures in EU Countries," Energies, MDPI, vol. 14(24), pages 1-35, December.
    6. Jesús Ferreiro & Catalina Gálvez & Carmen Gómez Author-Email: carmen.gomez@ehu.eus & Ana González, 2016. "Bank Rescues and Fiscal Policy in the European Union during the Great Recession," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 63(2), pages 211-230, April.
    7. Alfano, Vincenzo & Ercolano, Salvatore & Pinto, Mauro, 2022. "Fighting the COVID pandemic: National policy choices in non-pharmaceutical interventions," Journal of Policy Modeling, Elsevier, vol. 44(1), pages 22-40.

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