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A Disequilibrium Model of Public Spending

Author

Listed:
  • Dudley, L.
  • Montmarquette, C.

Abstract

This Paper Proposes a Disequilibrium Model of Public Spending. Empirical Results Show That Public Spending Is Constrained by the Supply Side for Low Per Capita Income Countries and the Demand Side for High Income Countries.

Suggested Citation

  • Dudley, L. & Montmarquette, C., 1988. "A Disequilibrium Model of Public Spending," Cahiers de recherche 8809, Universite de Montreal, Departement de sciences economiques.
    • Handle: RePEc:mtl:montde:8809
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    Keywords

    Public Exnditures ; Economic Equilibrium;

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