Definition
The COFOG is a detailed classification of the functions that general government units seek to achieve through various expenditures.
Introduction
The COFOG, produced by the Organization for Economic Cooperation and Development (OECD) and published together with three other classifications in the United Nations (UN) is a detailed classification of the functions or socioeconomic objectives that general government units seek to achieve through various expenditures. It is one of a family of four classifications referred to as classifications of individual consumption, according to purpose (the Classification of Individual Consumption According to Purpose (COICOP); the Classification of the Purpose of Nonprofit Institutions Serving Households (COPNI); and the Classification of the Outlays of Producers According to Purpose (COPP)).
The South Korean government’s Classification of the Functions of...
References
Eurostat (2011) Manual on sources and methods for the compilation of COFOG statistics. Working papers. European Commission
Eurostat (2014) EU-27 Government expenditure on economic affairs stable at 4.1% of GDP in 2012 compared with 2011. Statistics in Focus, 6/2014. European Commission
International Monetary Fund (1986) Government finance statistics manual 1986. Washington, D.C
International Monetary Fund (2001) Government finance statistics manual 2001. Washington, D.C
International Monetary Fund (2014) Government finance statistics manual 2014. Washington, D.C
International Monetary Fund (2017) Government finance statistics yearbook 2016. Washington, D.C
Jeong SH (2015) Proposal for the official creation and utilization of classification of function of government. Public Financ Forum 244:31–59
Jeong SH (2017) Strengthening the accountability of government accounting information: a focus on national financial statements. Korean Comp Gov Rev 21(3):81–110
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Seongho, J. (2019). Functional Classification of National Accounts Systems in Korea. In: Farazmand, A. (eds) Global Encyclopedia of Public Administration, Public Policy, and Governance. Springer, Cham. https://doi.org/10.1007/978-3-319-31816-5_3796-1
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DOI: https://doi.org/10.1007/978-3-319-31816-5_3796-1
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