Szarowska, Irena - Volkswirtschaftliche Fakultät, … - 2012
government spending and output in eight Central and Eastern European countries in a period 1995–2009. We analyzed annual data on … government spending in compliance with the COFOG international standard. Although the theory implies that government spending is … countercyclical, our research does not prove that. The results confirm cyclical development of government spending on GDP, Wagner …