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Fiscal stimulus and the improvement of fiscal space by economic growth: a study of European countries with low economic growth

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Figure

Table 4. The fiscal balance in the year 2014. the government expenditures in GDP (G/Y), the government tax  ratio (T/Y) and nominal GDP (Y) in the year 2014; source Eurostat
Table 7. The real GDP growth g required for the fiscal deficit from the year 2015 turn into a one percentage budget surplus of GDP
Table 8. Estimation results of PVAR model using LSDV, estimation period 2004Q1-2015Q2 Panel estimation sample of the  countries:  Spain,  France,  Italy,  Portugal,  Slovenia  and  Finland
Figure 3.  Autocorrelations of residuals of tax revenues, government consumption and output

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