Erschienen:
Louvain-la-Neuve: European Regional Science Association (ERSA), 1998
Sprache:
Englisch
Entstehung:
Anmerkungen:
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Beschreibung:
Despite the confusion surrounding the measurement of public sector outputs with respect to their demand and their distribution, the growing abundance of statistical data on public expenditures has been given incentives to the investigators of public economics to undertake research on the determinants of such expenditures. Attention has been focused upon public expenditures in an attempt to redress the imbalance emphasized on the role of taxation only. Some one hundred years ago Adolph Wagner, the German economist has suggested that as the development of a Nation proceeds government expenditure would increase. The so called "law of expanding state activity" was empirically tested by a number of investigators. Wagner's law is tested in all these studies by observing the statistical significance of the income elasticity of public expenditures. Timm was the first to interpret Wagner's law from Wagner's original writings. Since Timm's important contribution there is a Despite the confusion surrounding the measurement of public sector outputs with respect to their demand and their distribution, the growing abundance of statistical data on public expenditures has been given incentives to the investigators of public economics to undertake research on the determinants of such expenditures. Attention has been focused upon public expenditures in an attempt to redress the imbalance emphasized on the role of taxation only. Some one hundred years ago Adolph Wagner, the German economist has suggested that as the development of a Nation proceeds government expenditure would increase. The so called "law of expanding state activity" was empirically tested by a number of investigators. Wagner's law is tested in all these studies by observing the statistical significance of the income elasticity of public expenditures. Timm was the first to interpret Wagner's law from Wagner's original writings. Since Timm's important contribution there is a significant number of researchers that attempted to verify Wagner's law. In these studies ...