The Economic Effects Of Government Expenditures
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The Economic Effects Of Government Expenditures
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Author : Laurence J. Kotlikoff
language : en
Publisher:
Release Date : 1982
The Economic Effects Of Government Expenditures written by Laurence J. Kotlikoff and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1982 with Expenditures, Public categories.
This paper discusses conceptual problems of distinguishing "expenditure" policy from "tax" policy and "deficit" policy. The paper argues that each of these concepts is ill-defined and does not provide a useful basis for examining the government" underlying fiscal policies. The fundamentals of fiscal policy involve changes in marginal incentives, inframarginal intra- and intergenerational redistribution, and direct government consumption. The paper reviews some of the effects of these fundamental policy choices on economic growth.
The Effects Of Government Expenditures And Revenues On The Economy And Economic Well Being
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Author : Thomas L. Hungerford
language : en
Publisher:
Release Date : 2006
The Effects Of Government Expenditures And Revenues On The Economy And Economic Well Being written by Thomas L. Hungerford and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Government spending policy categories.
"The FY2006 budget resolution (H. Con. Res. 95) required that mandatory spending be reduced by $35 billion and revenues be reduced by no more than $70 billion over the next five years. Congress passed and the President signed a reconciliation bill (P.L. 109-171) to reduce mandatory spending by $39 billion between FY2006 and FY2010. A revenue reduction reconciliation bill (H.R. 4297) has not been enacted as of the date of this report. Many argue that tax and spending reductions will stimulate economic growth, whereas many others argue that tax cuts will lead to a larger deficit with adverse economic effects and that spending cuts will reduce critical government services. This report examines the effects of government spending and taxation on economic growth and economic well-being by comparing the United States with 20 other industrial Organization for Economic Cooperation and Development (OECD) countries."--Page 2.
Government Expenditure And Economic Growth
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 1989-05-15
Government Expenditure And Economic Growth written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989-05-15 with Business & Economics categories.
This paper examines the empirical evidence on the contribution that government and, in particular, capital expenditure make to the growth performance of a sample of developing countries. Using the Denison growth accounting approach, this study finds that social expenditures may have a significant impact on growth in the short run, but infrastructure expenditures may have little influence. While current expenditures for directly productive purposes may exert a positive influence, capital expenditure in these sectors appears to exert a negative influence. Experiments with other explanatory variables confirm the importance of the growth of exports to the overall growth rate.
Economic Effects Of The Government Budget
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Author : Elhanan Helpman
language : en
Publisher: MIT Press (MA)
Release Date : 1988
Economic Effects Of The Government Budget written by Elhanan Helpman and has been published by MIT Press (MA) this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with Business & Economics categories.
The original contributions in this book analyze all of the budget's components expenditures, revenues, the deficit - with a special emphasis on issues that have assumed increasing importance over the last decade or so, such as intergenerational transfers of debt and declines in corporate tax revenues.
Government Spending Taxes And Economic Growth
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Author : Mr.Paul Cashin
language : en
Publisher: International Monetary Fund
Release Date : 1994-08-01
Government Spending Taxes And Economic Growth written by Mr.Paul Cashin and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994-08-01 with Business & Economics categories.
This paper develops an endogenous growth model of the influence of public investment, public transfers, and distortionary taxation on the rate of economic growth. The growth-enhancing effects of investment in public capital and transfer payments are modeled, as is the growth-inhibiting influence of the levying of distortionary taxes which are used to fund such expenditure. The theoretical implications of the model are then tested with data from 23 developed countries between 1971 and 1988, and time series cross sectional results are obtained which support the proposed influence of the public finance variables on economic growth.
The Economic Effects Of Government Spending
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Author : Matthew Hall
language : en
Publisher:
Release Date : 2018
The Economic Effects Of Government Spending written by Matthew Hall and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with categories.
Empirical estimates of the effects of fiscal policy tend to be relatively imprecisely estimated. We contend that this is largely due to inadequately controlling for the information set of agents. Given the large increases in government spending on the horizon in the U.S., it is imperative that we have more precisely estimated effects of fiscal policy on the economy than are currently available. In this paper, we present a methodology for using professional forecasts to estimate the effects of government spending shocks on the economy. We first show that professional forecasts are more accurate on average than standard VAR-based estimates. The main contribution of this paper is that we use longer horizon forecasts of output, consumption, investment, wages, and inflation to estimate their impulse response functions. This novel innovation allows us to control for anticipated information and dramatically increases the precision of the estimates of the effects of changes in government spending on the economy. The improvements are demonstrated relative to standard local projection techniques emphasized in the literature, as well as to a standard VAR and the expectations-augmented VAR.
The Impact Of Fiscal Policy Variables On Output Growth
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Author : Mr.Philip R. Gerson
language : en
Publisher: International Monetary Fund
Release Date : 1998-01-01
The Impact Of Fiscal Policy Variables On Output Growth written by Mr.Philip R. Gerson and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-01-01 with Business & Economics categories.
This paper surveys the theoretical and empirical literature on the relationship between taxation and public expenditure and economic growth. Particular attention is paid to the effect of taxation and government expenditure on the supply and productivity of labor and physical capital. Studies suggest that well-targeted government expenditures on health, education, and infrastructure should have a positive impact on growth. By contrast, the impact of taxation on the supplies of labor and capital, and on output growth, is more muted.
Public Expenditure Handbook
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Author : Mr.Ke-young Chu
language : en
Publisher: International Monetary Fund
Release Date : 1991-09-15
Public Expenditure Handbook written by Mr.Ke-young Chu and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991-09-15 with Business & Economics categories.
This handbook, edited by Ke-young Chu and Richard Hemming, offers guidance to officials formulating public policy recommendations, so that the aggregate level of public spending conforms with the economy's overall resource capacity. The handbook looks at the impact of public spending on the efficiency of resource use and explores the basis for distinguishing between productive and unproductive spending.
Economic Impact Of Government Spending
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Author : Richard K. Vedder
language : en
Publisher:
Release Date : 1993
Economic Impact Of Government Spending written by Richard K. Vedder and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Political Science categories.
The Theory Of The Economic Effects Of Government Expenditure In English Classical Political Economy
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Author : Bernard Corry
language : en
Publisher:
Release Date : 1958
The Theory Of The Economic Effects Of Government Expenditure In English Classical Political Economy written by Bernard Corry and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1958 with Economics categories.