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Demographic influences on public spending

Author

Listed:
  • Pearson, M
  • Micklewright, J
  • Smith, S

Abstract

The Government's public spending plans, outlined in the 1988 Autumn Statement and the 1989 Public Expenditure White Paper, project that total Government expenditure will grow by 1 3/4 percent per annum in real terms over the three years from 1988/89 to 1991/92. As a proportion of Gross Domestic Product (GDP), Government spending is projected to continue to decline, from 39 3/4 per cent in 1988/89 to 38 3/4 per cent in 1991/92. From the peak level of nearly 47 per cent in 1982/83, the share of GDP taken by Government spending would then have fallen by nearly one fifth in less than a decade.

Suggested Citation

  • Pearson, M & Micklewright, J & Smith, S, 1989. "Demographic influences on public spending," Fiscal Studies, Institute for Fiscal Studies, vol. 10(2), pages 48-65, May.
    • Handle: RePEc:ifs:fistud:v:10:y:1989:i:2:p:48-65
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    Cited by:

    1. Combes, Jean-Louis & Minea, Alexandru & Sawadogo, Pegdéwendé Nestor, 2021. "Does the composition of government spending matter for government bond spreads?," Economic Modelling, Elsevier, vol. 96(C), pages 409-420.
    2. Carol Propper, 1993. "A cell based approach to modelling public expenditure," Health Economics, John Wiley & Sons, Ltd., vol. 2(2), pages 149-161, July.

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