Budget Deficits Effects on Economic Growth

Authors

  • Lucia Camelia Risti Faculty of Economics "Aurel Vlaicu" University of Arad, Romania
  • Cristina Nicolaescu Faculty of Economics "Aurel Vlaicu" University of Arad, Romania
  • Diana Tagaduan Faculty of Economics "Aurel Vlaicu" University of Arad, Romania

Abstract

The budget deficit can not be analyzed autarchically, as it affects all the macroeconomic processes and, is itself influenced by all other macroeconomic indicators. Most analyses and studies on public finance and budget balance measure the impact that budgetary deficits accumulation has on economy. Therefore, the present paper aims at following and analyzing the mutual impact between budget deficit and another economic macro indicator, namely the economic growth.

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Published

2013-03-28