The Analysis of Government Expenditures in the European Union

Florica Mioara Serban


Technical University of Cluj-Napoca, Department of Electrical Machines and Drives (Romania)

Carmen- Elena Stoenoiu


Technical University of Cluj-Napoca, Department of Electrical Machines and Drives (Romania)

Ciprian Cristea


Technical University of Cluj-Napoca, Department of Electrical Machines and Drives (Romania)

Abstract

This article analyses data on general government expenditure, at the level of the European Union (EU 28) according to the Classification of the Functions of Government – COFOG over the 2008-2017 period. Data shows that the expenditures increased at the beginning of the economic crisis in all EU countries, being followed by a slowdown in expenditures growth. All countries have adopted policies in order to reduce government expenditures towards the end of the period, aiming to increase their efficiency. Usually in high-income countries, compared with low-income countries, government expenditures are much larger as percent of gross domestic product (GDP), but the relations are not very strong though.


Keywords:

government expenditure, COFOG, Gross Domestic Product (GDP), EU 28

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Published
2020-07-01

Cited by

Serban, F. M., Stoenoiu, C.-. E., & Cristea, C. (2020). The Analysis of Government Expenditures in the European Union. Problemy Ekorozwoju, 15(2), 153–162. https://doi.org/10.35784/pe.2020.2.15

Authors

Florica Mioara Serban 

Technical University of Cluj-Napoca, Department of Electrical Machines and Drives Romania

Authors

Carmen- Elena Stoenoiu 

Technical University of Cluj-Napoca, Department of Electrical Machines and Drives Romania

Authors

Ciprian Cristea 

Technical University of Cluj-Napoca, Department of Electrical Machines and Drives Romania

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