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Government Spending and National Saving

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Part of the Central Issues in Contemporary Economic Theory and Policy book series (CICETP)

Abstract

The first part of this paper presents a series of four charts that sumarize the fiscal experiences of eighteen OECD countries over the past twenty years. For each country the charts plot the net government debt, the overall budget balance, the level of government spending on goods and services, and the current account (all measured as a percent. of GDP). This section is primarly descriptive and is designed to provide background information.

Keywords

Current Account Government Consumption Government Spending Real Interest Rate Energy Price 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Bibliography

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    Bailey Martin J.: National Income and the Price Level, New York, McGraw-Hill, 1971.Google Scholar
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    Barro Robert J.: «Output Effects of Government Purchases» Journal of Political Economy, vol. 89, 1981, pp. 1086–119.CrossRefGoogle Scholar
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    Sachs Jeffrey: «The Current Account in the Macroeconomic Adjustment Process» Scandinavian Journal of Economics, vol. 84, 1989, pp. 147–59.Google Scholar
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    Svensson Lars E. O.–Assaf Razin: «The Terms of Trade and the Harberger-Laursen-Metzler Effect», Journal of Political Economy, vol. 91, 1983, pp. 97–125.CrossRefGoogle Scholar

Copyright information

© SIPI Srl. Rivista di Politica Economica 1993

Authors and Affiliations

  1. 1.McGill UniversityCanada

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