A Demand Determinants Model for Public Spending in Spain

Authors

  • Manuel Jaén-García University of Almería, Department of Economics and Business

Abstract

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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Author Biography

Manuel Jaén-García, University of Almería, Department of Economics and Business

Department of Economics and Business,Professor of Economics

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Published

2017-08-10

How to Cite

Jaén-García, M. (2017). A Demand Determinants Model for Public Spending in Spain. International Journal of Economics and Financial Issues, 7(4), 372–386. Retrieved from https://econjournals.com/index.php/ijefi/article/view/4724

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