A Noteon the Public Choice Approach to the Growth in Government Expenditure

The paper applies an empirical model, based on the economic theory of public choice, to the Group of Seven countries. It is discovered: (a) that deficit financing does appear to contribute to increased real government spending; (b) that the demand for government services as a whole does not appear t...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1988
Series:IMF Working Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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245 0 0 |a A Noteon the Public Choice Approach to the Growth in Government Expenditure 
260 |a Washington, D.C.  |b International Monetary Fund  |c 1988 
300 |a 25 pages 
651 4 |a United States 
653 |a Civil service 
653 |a Finance, Public 
653 |a Income 
653 |a Public-Private Enterprises 
653 |a Total expenditures 
653 |a Public finance & taxation 
653 |a Public Enterprises 
653 |a Public sector 
653 |a Aggregate Labor Productivity 
653 |a Unemployment 
653 |a Aggregate Factor Income Distribution 
653 |a Economic sectors 
653 |a Aggregate Human Capital 
653 |a National accounts 
653 |a Labor 
653 |a National Government Expenditures and Related Policies: General 
653 |a Expenditure 
653 |a Expenditures, Public 
653 |a Civil service & public sector 
653 |a Macroeconomics 
653 |a Wages 
653 |a Intergenerational Income Distribution 
653 |a Public Finance 
653 |a Employment 
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520 |a The paper applies an empirical model, based on the economic theory of public choice, to the Group of Seven countries. It is discovered: (a) that deficit financing does appear to contribute to increased real government spending; (b) that the demand for government services as a whole does not appear to be income elastic; (c) that there is some evidence of a productivity lag in the government sectors of Canada, Japan, and the United States, but not those of France, Italy, or the United Kingdom; and (d) that in most countries there is some evidence of economies of scale in the provision of government services