An economic analysis of Swedish government expenditure
著者
書誌事項
An economic analysis of Swedish government expenditure
Avebury, c1992
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注記
Includes bibliographical references (p. [155]-170) and indexes
内容説明・目次
内容説明
The purpose of this study is to explain the expansion of government in Sweden, going as far back as data availability permits (1861). It applies modern time-series econometrics to the explanation of the oldest and most frequently cited explanation to the growth of government, namely, Wagner's Law. It also develops a new disequilibrium framework in order to identify whether supply or demand factors are most important in explaining government growth. Part 1 consists of a test of two classical theories of government growth: Wagner's Law and the displacement effect hypothesis and part 2 attempts to identify the most important factors behind the growth of government in Sweden since 1950. The author also identifies a number of variables potentially important to the explanation of the growth of government. Each variable is classified to pertain either to the supply or demand side.
目次
- What is th public sector?
- What is the most appropriate - time-series or cross-section analysis?
- choosing among potential explanations
- a broad overview of the development of government spending from 1800 to 1987
- the purpose and outline of this volume. Part 1 Studies of the very long run: Wagner's Law - wagner's writings, how can the Law be tested? results of previous tests, the econometric methodology, empirical analysis
- the peacock and the Wiseman displacement effect - the displacement hypothesis, a review of previous empirical tests, a critical assessment of the empirical tests, the empirical test, a test of an alternative explanation. Part 2 Explaining the postwar growth: what are the facts to be explained?
- is the public sector demand-determined? - the demand model, results, the growth of the public consumption and the productivity disparity hypothesis
- introducing the supply side: Baumol's disease - the model, data considerations, results
- potential explanations for the growth of government - demand-side explanations, supply-side explanations
- model and estimation method - the demand side, the supply side, the integrated model, estimation method, procedure applied to eliminate independant variables
- regression results - results for GDP-related measures of government, for elasticity estimates of government growth, a comparison of the results for government consumption and transfers, of the results for the relative and absolute measures of government.
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