Are Private Sector Consumption Decisions Affected by Public Sector Consumption?

Ólan Henry and Nilss Olekalns

The Economic Record, 2001, vol. 77, issue 239, 361-373

Abstract: This paper looks at the interaction between public and private consumption in Australia. The results show that there is a long‐run equilibrium relation between private and public consumption. However, the nature of this relation changed during the 1980s from one of complementarity to one of substitutability.

Date: 2001
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https://doi.org/10.1111/1475-4932.00029

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Working Paper: Are Private Sector Consumption Decisions Affected by Public Sector Consumption? (1999)
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