Government Consumption

Burkhard Heer

Chapter 4 in Public Economics, 2019, pp 101-177 from Springer

Abstract: Abstract Empirically, government expenditures represent a large share of total demand and significantly affect output, employment, and welfare. In the introductory Sect. 4.2 of this chapter, we document some selected empirical facts of government consumption. In particular, we find that government consumption is procyclical, and after an unexpected increase in consumption, output, employment, and (to a smaller extent) private consumption all increase.

Date: 2019
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:sptchp:978-3-030-00989-2_4

Ordering information: This item can be ordered from
http://www.springer.com/9783030009892

DOI: 10.1007/978-3-030-00989-2_4

Access Statistics for this chapter

More chapters in Springer Texts in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().