A Demand Determinants Model for Public Spending in Spain
In this paper an attempt is made to analyze the causes of growth of public government considering a demand model. The main contribution is the elaboration of a comprehensive and synthetic model in which economic-structural and political-institutional variables are included. To our knowledge, it is t...
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| Format: | Article |
| Language: | English |
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EconJournals
2017-08-01
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| Series: | International Journal of Economics and Financial Issues |
| Online Access: | https://www.econjournals.com/index.php/ijefi/article/view/4724 |
| _version_ | 1797911600790765568 |
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| author | Manuel Jaén-GarcÃa |
| author_facet | Manuel Jaén-GarcÃa |
| author_sort | Manuel Jaén-GarcÃa |
| collection | DOAJ |
| description | In this paper an attempt is made to analyze the causes of growth of public government considering a demand model. The main contribution is the elaboration of a comprehensive and synthetic model in which economic-structural and political-institutional variables are included. To our knowledge, it is the first work that attempts this kind of model as it considers such a high number of variables, which implies great difficulties upon conducting the corresponding analysis. We consider the public expenditure in Spain in the period 1958-2014 where there are structural points. Then we use unit root and cointegration tests in a structural breaks context.
Keywords: Government Spending, Demand Determinants Model, Cointegration, Structural Breaks
JEL Classifications: H11, H50, E62
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| first_indexed | 2024-04-10T11:43:08Z |
| format | Article |
| id | doaj.art-9e1e3686e7d248be93d4550266a4f561 |
| institution | Directory Open Access Journal |
| issn | 2146-4138 |
| language | English |
| last_indexed | 2024-04-10T11:43:08Z |
| publishDate | 2017-08-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Economics and Financial Issues |
| spelling | doaj.art-9e1e3686e7d248be93d4550266a4f5612023-02-15T16:17:28ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382017-08-0174A Demand Determinants Model for Public Spending in SpainManuel Jaén-GarcÃa0University of AlmerÃa, Department of Economics and BusinessIn this paper an attempt is made to analyze the causes of growth of public government considering a demand model. The main contribution is the elaboration of a comprehensive and synthetic model in which economic-structural and political-institutional variables are included. To our knowledge, it is the first work that attempts this kind of model as it considers such a high number of variables, which implies great difficulties upon conducting the corresponding analysis. We consider the public expenditure in Spain in the period 1958-2014 where there are structural points. Then we use unit root and cointegration tests in a structural breaks context. Keywords: Government Spending, Demand Determinants Model, Cointegration, Structural Breaks JEL Classifications: H11, H50, E62 https://www.econjournals.com/index.php/ijefi/article/view/4724 |
| spellingShingle | Manuel Jaén-GarcÃa A Demand Determinants Model for Public Spending in Spain International Journal of Economics and Financial Issues |
| title | A Demand Determinants Model for Public Spending in Spain |
| title_full | A Demand Determinants Model for Public Spending in Spain |
| title_fullStr | A Demand Determinants Model for Public Spending in Spain |
| title_full_unstemmed | A Demand Determinants Model for Public Spending in Spain |
| title_short | A Demand Determinants Model for Public Spending in Spain |
| title_sort | demand determinants model for public spending in spain |
| url | https://www.econjournals.com/index.php/ijefi/article/view/4724 |
| work_keys_str_mv | AT manueljaangarcaa ademanddeterminantsmodelforpublicspendinginspain AT manueljaangarcaa demanddeterminantsmodelforpublicspendinginspain |