Analysis and Econometric Modelling of the Fiscal Sector in the Slovak Republic

Olexa, Michal (January 1999) Analysis and Econometric Modelling of the Fiscal Sector in the Slovak Republic. Closed Series > Reihe Transformationsökonomie / Transition Economics Series 2


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Abstract or Table of Contents

Abstract: For the modern history of the SR, the state budget data from the period of CSFR are not relevant according to the existence of two republic budgets with strong mutual relations and two-way flows. In 1996, a new budget composition based on foreign experiences was introduced. The first two parts of the study contain analyses of the revenue and expenditure side during the period 1993-1997. The third part presents an econometric submodel of the fiscal sector of the SR which consists of 15equations; 6 of them dealing with the tax revenue items of the state budget (taxes on income of natural persons, taxes on income of legal entities, value added tax, excise taxes, customs duty, and import surcharge) are of the stochastic type. This submodel will be incorporated into the quarterly econometric model of the Slovak economy.;

Item Type: IHS Series
Keywords: 'State Budget' 'Revenue and Expenditure' 'Regression Equation' 'Econometric Model'
Classification Codes (e.g. JEL): C32, C35, C51, E62
Status: Published
Date Deposited: 26 Sep 2014 10:36
Last Modified: 01 Apr 2016 14:10

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