Abordagens da despesa pública nos últimos vinte anos

Mourao, Paulo and Rodrigues, Carlos (2007): Abordagens da despesa pública nos últimos vinte anos. Published in: Revista Tributária e de Finanças Públicas No. 72 (January 2007): pp. 271-280.

Abstract

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.

• Item Type: MPRA Paper
• Institution: NIPE/UMinho
• Language: Portuguese
• Keywords: Fiscal Policy; Public Expenditures; Outlays elasticities; Budget rules
• Subjects: H - Public Economics > H5 - National Government Expenditures and Related Policies > H50 - General; H - Public Economics > H1 - Structure and Scope of Government > H11 - Structure, Scope, and Performance of Government

References

Livros Barbosa, António S. Pinto (1997); Economia Pública, McGraw-Hill, Lisboa. Blaug, Mark (1985); Economic Theory in Retrospect; Cambridge University Press; London Burda, Michael e Charles Wyplosz (1993); Macroeconomics – a european text; Oxford University Press; Oxford Dornbusch, Rudiger e Stanley Fischer (1990); Macroeconomics; McGraw-Hill; Lisboa Musgrave, Richard A. e Peggy B. Musgrave (1989), Public Finance in Theory and Practice, 5ª ed., McGraw-Hil. Romer, David (2001), Advanced Macroeconomics, 2ª ed.; McGraw-Hill; capítulos 4-6 e 9-11 Rosen, Harvey S. (1999), Public Finance, 5ª ed., Irwin McGraw-Hill; New York. Stiglitz, Joseph (2000), Economics of the Public Sector, 3ª ed., W. W. Norton & Company, New York. Tanzi, Vito e Ludger Schuknecht (2000), Public Spending in the 20 th Century, Cambridge University Press, Cambridge. Trotman-Dickenson, D.I. (1996); Economics of the Public Sector, 1ª Edição, Mackmillan, London.

Revistas Alesina, A. e R. Perotti (1995); “Fiscal Expansions and Adjustments in OECD countries,” Economic Policy, 21, 205-248. Alesina, A. e R. Perotti (1997); “Fiscal Adjustments in OECD countries: Composition and Macroeconomic Effects”, Staff Papers do Fundo Monetário Internacional, 44 (2), 210-248. Alesina, A. e S. Ardagna (1998); “Tales of Fiscal Contractions”, Economic Policy, 27, 487-545. Bertola, G. e A. Drazen (1993); "Trigger Points and Budget Cuts: Explaining the Effects of Fiscal Austerity", American Economic Review, 83 (1), 11-26. Blanchard, O., Chouraqui, J., Hagemann, R., e N. Sartor (1990); “The sustainability of fiscal policy: new answers to an old question”. OECD Economic Studies 15, Outono: 7-36. Cour, P.; Dubois, E.; Mahfouz, S. e Pisani-Ferry. J. (1996); "The Costs of FiscalAdjustment Revisited: how Strong is the Evidence?" CEPII Working Paper; 96-16. De Bonis, V. e R. Paladini (1997); “Fiscal Adjustment in Europe and Ricardian Equivalence”, Banca Nazionale del Lavoro Quarterly Review, 51 (206), 247-272. Dickey, D. e W. Fuller (1981); “The Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root”; Econometrica, 49, 1057-1072. Giavazzi, F. e M. Pagano (1990); “Can Severe Fiscal Contractions be Expansionary? Tales of Two Small European Countries,” in Blanchard, O. e Fischer, S. (eds.), NBER Macroeconomics Annual 1990, MIT Press. Kamps, C. (2001); “Fiscal Consolidation in Europe: Pre- and Post-Maastricht”; Kiel Working Paper 1028; Kiel, Fevereiro. McDermott, C. e R. Wescott (1996); “An Empirical Analysis of Fiscal Adjustments,” Staff Papers do Fundo Monetário Internacional, 43 (4), 725-753. Perotti, R. (1996); “Fiscal Consolidation in Europe: Composition Matters,” American Economic Review, Papers and Proceedings, 86 (2), 105-110. Perotti, R. (1998); “The Political Economy of Fiscal Consolidations,” Scandinavian Journal of Economics, 100 (1), 367-394. Perotti, R. (1999); "Fiscal policy in good times and bad", Quarterly Journal of Economics, Novembro. Sutherland, A. (1997); “Fiscal Crises and Aggregate Demand: Can High Public Debt Reverse the Effects of Fiscal Policy?," Journal of Public Economics, 65 (2), 147- 162. Zaghini, A. (1999); "The Economic Policy of Fiscal Conditions: The European Experience", Temi di Discussione 355, Banca d' Italia, Junho.

Organismos e Instituições Nacionais e Internacionais consultadas Fundo Monetário Internacional (IMF) FMI (1993). "Structural Budget Indicators for the Major Industrial Countries," World Economic Outlook, 99-103, Outubro. FMI (1995). "Structural Fiscal Balances in Smaller Industrial Countries," World Economic Outlook, Maio.