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The EU budget and UK contribution

Author

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  • Begg, Iain

Abstract

The European Union budget is small and fulfils only a limited range of functions, yet it provokes regular disputes among the Member States and institutions of the Union. This paper describes the structure of the budget and shows that standard theories, such as fiscal federalism, are not well-suited to analysing how the EU budget operates or the political economy behind it. The paper then looks at how much the UK contributes towards the EU budget and explains why some of the claims made about it in the public discourse are inaccurate.

Suggested Citation

  • Begg, Iain, 2016. "The EU budget and UK contribution," LSE Research Online Documents on Economics 67030, London School of Economics and Political Science, LSE Library.
    • Handle: RePEc:ehl:lserod:67030
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    File URL: http://eprints.lse.ac.uk/67030/
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    Citations

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    Cited by:

    1. Andżelika Kuźnar & Jerzy Menkes, 2017. "Will Brexit cause the whole Britain to leave the European Union?," Ekonomia i Prawo, Uniwersytet Mikolaja Kopernika, vol. 16(4), pages 433-448, December.
    2. Iain Begg, 2017. "Making Sense of the Costs and Benefits of Brexit: Challenges for Economists," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 45(3), pages 299-315, September.
    3. László Békési & Zsolt Kovalszky & Tímea Várnai, 2017. "Scenarios for potential macroeconomic impact of Brexit on Hungary," MNB Occasional Papers 2017/125, Magyar Nemzeti Bank (Central Bank of Hungary).
    4. Begg, Iain, 2017. "Making sense of the costs and benefits of Brexit: challenges for economists," LSE Research Online Documents on Economics 83587, London School of Economics and Political Science, LSE Library.
    5. repec:prg:jnlpep:v:preprint:id:698:p:1-15 is not listed on IDEAS
    6. Andrii Boiar, 2019. "Optimizing the Structure of the European UnionBudget Expenditure," Prague Economic Papers, Prague University of Economics and Business, vol. 2019(3), pages 348-362.

    More about this item

    Keywords

    European Union budget; fiscal federalism; UK referendum on EU; EU cohesion policy; common agricultural policy; own resources;
    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

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