This paper synthesises some of the (New) Public Expenditures Theories. It also focuses on the Fiscal Adjustments theme. We analysed public expenditures evolution in a sample composed by seventeen OCDE countries observed between 1870 and 1990. Our conclusion recognizes the heterogeneity of the most recent Public Expenditure Theories and the different growth rates assumed by the evaluated outlays.
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number
3416.
Find related papers by JEL classification: H50 - Public Economics - - National Government Expenditures and Related Policies - - - General H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
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