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New Tax and Expenditure Elasticity Estimates for EU Budget Surveillance

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Organisation for Economic Co-operation and Development2026-04-11 收录
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https://www.oecd.org/en/publications/new-tax-and-expenditure-elasticity-estimates-for-eu-budget-surveillance_5jxrh8f24hf2-en.html
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This paper estimates the elasticities of government revenue and expenditure items with respect to the output gap for European Union (EU) countries. These elasticities are used by the European Commission, as part of the EU fiscal surveillance process, to calculate the semi-elasticity of the budget balance as a percentage of GDP with respect to the...
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