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Two different approaches are used to study how the structure of public consumption affects the allocation of consumer expenditure. The first assumes that public expenditures condition consumer preferences and introduces them as additional explanatory variables to the Linear Expenditure System by...
Persistent link: https://www.econbiz.de/10010783516
In the tradition of empirical studies of demand for public expenditure, this article examines the allocation of public consumption expenditures in the United Kingdom from 1963 to 1996. In addition to obtaining estimates of the effects of relative prices, total expenditure, and demographic...
Persistent link: https://www.econbiz.de/10010687122
The aim of this study is to provide a more accurate perspective of the empirical relationship between government expenditure growth and budget deficits. It specifies a model of demand for government expenditures that focuses on the effects of the tax revenue ratio, the relative price...
Persistent link: https://www.econbiz.de/10010687332
The article explores the redistribution properties of government provision of private goods when their consumption involves take-up costs in the form of time losses, which vary with the level of public provision. The condition for optimal public provision depends on whether the government can...
Persistent link: https://www.econbiz.de/10010687388