Publication detail

Budgetary Rules and Budget Process: Theory, Empirics, and the Case of the Czech Republic

Author(s): doc. PhDr. Martin Gregor Ph.D.,
Type: Articles in journals with impact factor
Year: 2008
Number: 0
ISSN / ISBN: ISSN 0032-3233
Published in: Politická ekonomie 4/2008, 484-504.
Publishing place: Praha
Keywords: budget process, fiscal rules, fiscal governance, public finance
JEL codes: H11, H61, H62
Suggested Citation:
Grants: GACR 402/08/0501 (2008-2010) Political Economy of Public Spending IES Research Framework Institutional task (2005-2011) Integration of the Czech economy into European union and its development
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.


Česká Spořitelna


Patria Finance