期刊名称：International Journal of Economics and Financial Issues
电子版ISSN：2146-4138
出版年度：2017
卷号：7
期号：4
页码：372-386
语种：English
出版社：EconJournals
摘要：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
其他摘要：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
