{"id":987,"date":"2022-07-16T21:07:14","date_gmt":"2022-07-16T21:07:14","guid":{"rendered":"http:\/\/www.ekonomikaaspolocnost.umb.sk\/?page_id=987"},"modified":"2022-07-19T19:46:40","modified_gmt":"2022-07-19T19:46:40","slug":"sinisa-mali-lenka-malicka","status":"publish","type":"page","link":"https:\/\/ekonomikaaspolocnost.umb.sk\/?page_id=987","title":{"rendered":"Sini\u0161a Mali, Lenka Mali\u010dk\u00e1"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Fiscal decentralization and public debt: New evidence from EU countries<br>Fi\u0161k\u00e1lna decentraliz\u00e1cia a verejn\u00fd dlh: nov\u00e9 v\u00fdsledky pre krajiny E\u00da<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ekonomika a spolo\u010dnos\u0165, Volume 23, Number 1\/2022<br>DOI: <a href=\"https:\/\/ekonomikaaspolocnost.umb.sk\/?page_id=987\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/doi.org\/10.24040\/eas.2022.23.1.69-98<\/a><\/p>\n\n\n\n<div class=\"wp-block-file\"><a id=\"wp-block-file--media-063b9d49-bbba-4e56-96a5-54dd218b43a8\" href=\"https:\/\/ekonomikaaspolocnost.umb.sk\/wp-content\/uploads\/2022\/07\/412022.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">FULL TEXT ARTICLE<br><\/a><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><strong>Odpor\u00fa\u010dan\u00e1 forma cit\u00e1cie \u010dl\u00e1nku:<\/strong><\/strong><br>Mali, S., Mali\u010dk\u00e1, L. (2022).  Fi\u0161k\u00e1lna decentraliz\u00e1cia a verejn\u00fd dlh: nov\u00e9 v\u00fdsledky pre krajiny E\u00da. Ekonomika a spolo\u010dnos\u0165, 23 (1), 69-98. doi: <a href=\"https:\/\/ekonomikaaspolocnost.umb.sk\/?page_id=987\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/doi.org\/10.24040\/eas.2022.23.1.69-98<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><strong>Recommended form for quotation of the article<\/strong><\/strong>:<br>Mali, S., Mali\u010dk\u00e1, L. (2022). Fiscal decentralization and public debt: New evidence from EU countries. Journal of Economics and Social Research, 23 (1), 69-98. doi: <a href=\"https:\/\/ekonomikaaspolocnost.umb.sk\/?page_id=987\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/doi.org\/10.24040\/eas.2022.23.1.69-98<\/a><br><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>ABSTRACT<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>The aim of the paper is to examine the relationship between fiscal decentralization and government debt of EU countries with respect to EU accession, country size and number of government levels in the period of 1999 \u2013 2019 using panel data models based on six various estimators. The differences regarding the effect of fiscal decentralization on government debt were estimated on the basis of the seemingly unrelated regression (SUR). The research results have shown the following: 1. The effect of fiscal decentralization on public debt is statistically significant. 2. Fiscal decentralization has negatively affected public debt of EU member states in the observed period. 3. The direction and intensity of the effect of fiscal decentralization on public debt depends on the size of the country (measured by the number of its inhabitants), the number of government levels and the year of the country\u2019s accession to the EU.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>Key words: <\/em><\/strong><em><em><em><em><em>Fiscal decentralization. Public debt. Panel data model.<\/em><\/em><\/em><\/em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fiscal decentralization and public debt: New evidence from EU countriesFi\u0161k\u00e1lna decentraliz\u00e1cia a verejn\u00fd dlh: nov\u00e9 v\u00fdsledky pre krajiny E\u00da Ekonomika a spolo\u010dnos\u0165, Volume 23, Number 1\/2022DOI: https:\/\/doi.org\/10.24040\/eas.2022.23.1.69-98 Odpor\u00fa\u010dan\u00e1 forma cit\u00e1cie \u010dl\u00e1nku:Mali, S., Mali\u010dk\u00e1, L. (2022). Fi\u0161k\u00e1lna decentraliz\u00e1cia a verejn\u00fd dlh: nov\u00e9 v\u00fdsledky pre krajiny E\u00da. Ekonomika a spolo\u010dnos\u0165, 23 (1), 69-98. doi: https:\/\/doi.org\/10.24040\/eas.2022.23.1.69-98 Recommended form &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/ekonomikaaspolocnost.umb.sk\/?page_id=987\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Sini\u0161a Mali, Lenka Mali\u010dk\u00e1&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-987","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/ekonomikaaspolocnost.umb.sk\/index.php?rest_route=\/wp\/v2\/pages\/987","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ekonomikaaspolocnost.umb.sk\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/ekonomikaaspolocnost.umb.sk\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/ekonomikaaspolocnost.umb.sk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ekonomikaaspolocnost.umb.sk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=987"}],"version-history":[{"count":5,"href":"https:\/\/ekonomikaaspolocnost.umb.sk\/index.php?rest_route=\/wp\/v2\/pages\/987\/revisions"}],"predecessor-version":[{"id":1075,"href":"https:\/\/ekonomikaaspolocnost.umb.sk\/index.php?rest_route=\/wp\/v2\/pages\/987\/revisions\/1075"}],"wp:attachment":[{"href":"https:\/\/ekonomikaaspolocnost.umb.sk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}