Local public sector investment is determined in an environment of shifting economic conditions. Investments are investigated using an intertemporal decision model allowing for tests of forward looking behaviour and adjustments to expected and unexpected shocks. The econometric analysis of the...

The evolution of school spending is related to legislative school reforms expanding the school system. This study addresses the determination of legislative reforms and primary school spending, using data for Norway 1880-1990. Reforms are the result of growth in demand for school services and...

When investigating the effects of federal grants on the behavior of lower-level governments, it is hard to defend the handling of grants as an exogenous factor affecting local governments; federal governments often set grants based on characteristics and performance of local governments. In this...

Macroeconomic development in Zimbabwe is analyzed in terms of sectoral balance and distributional shifts. The economic performance during the period 1981-88 is evaluated with a five sector CGE model assuming endogenous import rationing. A foreign exchange constraint links the exportables sector...