Government Spending and Private Consumption: Some International Evidence

Georgios Karras

Journal of Money, Credit and Banking, 1994, vol. 26, issue 1, 9-22

Abstract: This paper investigates the relationship between private consumption and publicly provided goods and services for a number of countries. The empirical results show that, in the aggregate, private and government consumption are best described as complementary in the sense that an increase in one raises the marginal utility of the other. The strength of this relationship is shown to be negatively affected by the government size. These findings are robust across all specifications tried. Copyright 1994 by Ohio State University Press.

Date: 1994
References: Add references at CitEc
Citations: View citations in EconPapers (136)

Downloads: (external link)
http://links.jstor.org/sici?sici=0022-2879%2819940 ... 0.CO%3B2-Q&origin=bc full text (application/pdf)
Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mcb:jmoncb:v:26:y:1994:i:1:p:9-22

Access Statistics for this article

Journal of Money, Credit and Banking is currently edited by Robert deYoung, Paul Evans, Pok-Sang Lam and Kenneth D. West

More articles in Journal of Money, Credit and Banking from Blackwell Publishing
Bibliographic data for series maintained by Wiley-Blackwell Digital Licensing () and Christopher F. Baum ().