The economics and empirics of the allocation of public consumption expenditures

George Tridimas ()

Departmental Working Papers from Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano

Abstract: The paper investigates the allocation of public consumption expenditures in the UK. After reviewing the empirical literature on the demand for public services, which is based on applied consumer analysis, it discusses the budgetary making process in the UK. It proceeds by estimating a system of demand equations for general government consumption expenditures in the UK during the period 1963-96. In addition to estimating the effects of relative prices, total expenditure and demographic variables, it finds that the constraints of homogeneity and symmetry cannot be rejected.

Keywords: Allocation of public consumption expenditure; Consumer demand systems; UK General Government consumption expenditure. (search for similar items in EconPapers)
JEL-codes: C3 H0 H4 H5 (search for similar items in EconPapers)
Date: 2006-02-01
New Economics Papers: this item is included in nep-mac, nep-mkt and nep-pbe
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Persistent link: https://EconPapers.repec.org/RePEc:mil:wpdepa:2006-02

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