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Using a modified version of Wagner's Law, this paper sets to analyze the determinants of government expenditure in Kenya. Autoregressive Distributed Lag (ARDL) model was used to analyze time-series data for the period 1970 and 2017. The study finding reveals that GDP, population, trade openness,...
Persistent link: https://www.econbiz.de/10012861738
Some politicians argue for the splitting and combining of states to increase government productivity, but there is a dearth of empirical evidence on the optimal size of a state. Using data from Indian states, I test a model of the optimal size of the state. I find that size and preference...
Persistent link: https://www.econbiz.de/10012988905
Employing data from a representative survey conducted in Germany, this paper examines public preferences for the size and composition of government expenditure. We focus on public attitudes toward taxes, public debt incurrence, and public spending in six different policy areas. Our findings...
Persistent link: https://www.econbiz.de/10013040404
This Article exposes a misapplication of federalism as the driving force behind the Supreme Court's extreme narrowing of the 42 U.S.C. § 1983 remedy for beneficiaries of federal-state cooperative spending programs. Originally, the Court applied a presumption, via § 1983's straightforward...
Persistent link: https://www.econbiz.de/10013231453
We link governments’ spending efficiency scores, to sovereign debt assessments made by financial markets´, more specifically by three rating agencies (Standard & Poors, Moody´s and Fitch). Public efficiency scores are computed via data envelopment analysis. Then, we rely notably on ordered...
Persistent link: https://www.econbiz.de/10013238603
The concept of the "quality of public finances" (QPF) covers many qualitative and structural issues of fiscal policy. This chapter traces the origins of the concept of QPF to the Lisbon Strategy and the subsequent EPC Working Group on "Quality of Public Finances" (2004‐2007). At its core, the...
Persistent link: https://www.econbiz.de/10013188102
Through disaggregating public expenditures by economic functions this paper offers a new perspective on the existence and effectiveness of electorally motivated expenditure policy. The aim of the paper is to provide more detailed information on the specific expenditure categories by which...
Persistent link: https://www.econbiz.de/10009738148
This paper analyses of some the key aspects of public expenditure policy in Denmark. The public expenditure to GDP ratio has abated markedly since the mid-1990s, reflecting both cyclical gains and the return on structural reforms. Nevertheless, the underlying upward pressure on government...
Persistent link: https://www.econbiz.de/10012443874
In this paper, we analyze the development of public consumption expenditure in Austria starting in the 1940s. We focus our attention on two hypotheses as to why public consumption expenditure has been constantly increasing: Wagner's law and Baumol's cost disease. The estimated income elasticity...
Persistent link: https://www.econbiz.de/10011718789
Indonesia's fiscal position is generally sound and policy making prudent. However, the country still faces important challenges in terms of economic and social development. Infrastructure, education, health and social security are all spending areas that the government is trying to improve...
Persistent link: https://www.econbiz.de/10011700310