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

Andrew Abbott and Philip Jones

Economics Letters, 2011, vol. 111, issue 3, 230-232

Abstract: 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.

Keywords: Business; cycles; Fiscal; policy; Voracity; effects (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (30)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:111:y:2011:i:3:p:230-232

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