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| Author: | Shelton, C.A. |
| Title: | The size and composition of government expenditure |
| Journal: | Journal of Public Economics
2007 : DEC, VOL. 91:11-12, p. 2230-2260 |
| Index terms: | public expenditure government IMF |
| Freeterms: | country size redistribution openness fragmentation |
| Language: | eng |
| Abstract: | In this paper, several leading hypotheses on determinants of government expenditure (hereafter as: gov. exp.) are tested. Using Government Financial Statistics data from the IMF covering more than 100 countries from 1970 to 2000, cross-sectional and inter-temporal variation of gov. exp. and both individual categories of exp. and different levels of gov. are focused upon. Among others, there is found a new explanation for Wagner's Law, widespread evidence that preference heterogeneity leads to decentralization rather than outright decreases in expenditures etc. |
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