Procyclical government spending: Patterns of pressure and prudence in the OECD

Andrew Abbott; Philip Jones

doi:10.1016/j.econlet.2011.02.009

Procyclical government spending: Patterns of pressure and prudence in the OECD

Andrew Abbott, Philip Jones

Department of Economics

Research output: Contribution to journal › Article › peer-review

23 Citations (SciVal)

Abstract

This paper tests for differences in the cyclicality of government spending across functional categories. Evidence from 20 OECD countries suggests that procyclicality is more likely in smaller functional budgets, but capital spending is more likely to be previous termprocyclicalnext term for the larger spending categories

Original language	English
Pages (from-to)	230-232
Number of pages	3
Journal	Economics Letters
Volume	111
Issue number	3
DOIs	https://doi.org/10.1016/j.econlet.2011.02.009
Publication status	Published - Jun 2011

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title = "Procyclical government spending: Patterns of pressure and prudence in the OECD",

abstract = "This paper tests for differences in the cyclicality of government spending across functional categories. Evidence from 20 OECD countries suggests that procyclicality is more likely in smaller functional budgets, but capital spending is more likely to be previous termprocyclicalnext term for the larger spending categories",

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Procyclical government spending: Patterns of pressure and prudence in the OECD

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