Showing 1 - 10 of 121
We examine the effect of immigration on public spending from a theoretical (political economic) and an empirical perspective. We distinguish between public spending on private goods and on public goods. Our model implies that whether immigration increases or decreases public spending primarily...
Persistent link: https://www.econbiz.de/10003280813
In the past the first expenditure to be cut during an economic downturn was capital expenditure. However, the cuts in capital expenditure of the late 1980’s and 90’s had left Ireland with an infrastructure deficit. This note highlights a number of important issues, which should be considered...
Persistent link: https://www.econbiz.de/10003839360
Applicability of Wagner's hypothesis to six East Asian countries is studied for a period of nearly a half-century during which their economic growth has often been termed as a "miracle". Despite the high rates of growth in most cases, there is little indication to support the hypothesis except...
Persistent link: https://www.econbiz.de/10011379988
We examine the effect of immigration on public spending from a theoretical (political economic) and an empirical perspective. We distinguish between public spending on private goods and on public goods. Our model implies that whether immigration increases or decreases public spending primarily...
Persistent link: https://www.econbiz.de/10009747671
The paper attempted to analyzes linkages between fiscal policies (public expenditure and public debt) and economic growth by investigating the impact of public expenditure and public debt on economic growth (GSDP). To find out empirically the relationship between GSDP and Public Debt, the study...
Persistent link: https://www.econbiz.de/10011526592
To date, government procurement has been effectively carved out of the main multilateral rules of the WTO system. This paper examines the systemic and other ramifications of this exclusion, from both an economic and a legal point of view. In addition to relevant elements of the WTO Agreements,...
Persistent link: https://www.econbiz.de/10010430680
This study examined the composition effect of government expenditure on private consumption and output growth in Nigeria using the framework of single equation error correction mechanism. The unit root and cointegration tests were conducted on the variables of interest while single equations...
Persistent link: https://www.econbiz.de/10010480256
This paper looks at how individual preferences for the allocation of government spending change along the life cycle. Using the Life in Transition Survey II for 34 countries of Europe and Central Asia, we find that older individuals are less likely to support a rise in government outlays on...
Persistent link: https://www.econbiz.de/10011450600
This paper (1) examines the extent to which expenditure consolidation is occurring in 2010-11 among 126 low and middle income countries by compiling and analyzing projected fiscal trends using IMF data; (2) assesses the risks of contracting social spending, and presents common adjustment...
Persistent link: https://www.econbiz.de/10013131183
We examine the US state-level pattern of American Recovery and Reinvestment Act (ARRA) spending. We relate spending to (1) Keynesian determinants of countercyclical policy, (2) congressional power and dominance, and (3) presidential electoral vote importance. We find that the ARRA is, in...
Persistent link: https://www.econbiz.de/10013138382