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Rozpočtová pravidla a rozpočtový proces: Teorie, empirie a realita České republiky
[Budgetary rules and budget process: Theory, empirics, and the case of the Czech Republic]

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  • Martin Gregor

Abstract

We survey theories of impacts of budgetary rules in the budget process, review empirical evidence and on the basis of comparative studies attempt to design the optimal shape of the Czech budgetary rules. The theoretical part focuses on conventional and non-intuitive effects of spending caps and spending targets under alternative electoral systems. The empirical part conveys a meta-analysis of five studies on fiscal governance in Central and Eastern European countries. The final part recommends changes in the Czech budget process.

Suggested Citation

  • Martin Gregor, 2008. "Rozpočtová pravidla a rozpočtový proces: Teorie, empirie a realita České republiky [Budgetary rules and budget process: Theory, empirics, and the case of the Czech Republic]," Politická ekonomie, Prague University of Economics and Business, vol. 2008(4), pages 484-504.
    • Handle: RePEc:prg:jnlpol:v:2008:y:2008:i:4:id:649:p:484-504
    DOI: 10.18267/j.polek.649
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    More about this item

    Keywords

    public finance; budget process; fiscal rules; fiscal governance;
    All these keywords.

    JEL classification:

    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems
    • H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus

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