Determinants of the Growth of Transfers in the United Kingdom: A Causal Analysis

Rosella Levaggi

Environment and Planning C, 1990, vol. 8, issue 2, 203-216

Abstract: Since the formulation of the well-known law of the ‘displacement effect’ there has been a relative concentration on public consumption expenditure as a determinant of public-sector spending. However, in the last few years transfers toward the personal sector have been the most dynamic item and could effectively have caused the observed fluctuations in government expenditure. A causal analysis approach is used to suggest a method for explaining their dynamics in the period 1960–88.

Date: 1990
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Persistent link: https://EconPapers.repec.org/RePEc:sae:envirc:v:8:y:1990:i:2:p:203-216

DOI: 10.1068/c080203

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