Procyclical government spending: Patterns of pressure and prudence in the OECD

被引：23

作者：

Abbott, Andrew ^{[2
]}

Jones, Philip ^{[1
]}

机构：

[1] Univ Bath, Dept Econ, Bath BA2 7AY, Avon, England

[2] Univ Hull, Sch Business, Kingston Upon Hull HU6 7RX, N Humberside, England

来源：

ECONOMICS LETTERS | 2011年 / 111卷 / 03期

关键词：

Business cycles; Fiscal policy; Voracity effects; FISCAL-POLICY;

D O I：

10.1016/j.econlet.2011.02.009

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper tests for differences in the cyclicality of government spending across functional categories. Evidence from 20 OECD countries suggests that procyclicality is more likely in smaller functional budgets, but capital spending is more likely to be procyclical for the larger spending categories. (C) 2011 Elsevier B.V. All rights reserved.

引用

页码：230 / 232

页数：3

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