Moneta e Credito (Mar 2014)

Spesa statale: previsioni per il 1980

  • S. GAMBALE,
  • G.P. SCOTTO DI CARLO

DOI
https://doi.org/10.13133/2037-3651/11831
Journal volume & issue
Vol. 30, no. 120

Abstract

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The tendency for public spending to grow at a greater rate than income is common in most industrialized countries. While in part the development of public spending depends on multi-annual programs, it also depends on the general trends of economic variables. In this way, it follows an almost automatic mechanism to the degree it is independent from discretionary budget decisions. It is precisely the importance of this endogenous nature of the expenditure that requires a greater analysis of its relation to economic variables such as the implicit prices of gross domestic product, consumption, investment and imports. The present work seeks to provide such analysis. The elements drawn from them allow you to switch to a later stage of the analysis, the most relevant of a programming of resources , for which it is crucial that the distribution function of the expenditure. The connection point between the first and the second phase of the analysis, in particular, may then be found in the decomposition of each economic category of spending depending on its functional content. JEL: H61, H63

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