Tag Archives | Growth

Growth of Public Expenditure: 16 Factors

This article throws light upon the sixteen main factors responsible for the growth of public expenditure. Some of the factors are: 1. The New Concept of Welfare State 2. War and National Defence 3. Population Growth 4. Growth of Democratic Institutions 5. Provision of Economic Over Head 6. The Problem of Urbanization 7. Rising Trend in Price Level 8. Adoption [...]

By Moheeth M|2016-07-12T14:18:13+00:00July 12, 2016|Public Expenditure|Comments Off

Analysis of Public Expenditure Growth: 3 Theories

This article throws light upon the top three theories for the analysis of public expenditure growth. The theories are: Theory # 1. Wagner's Hypothesis: Adolf Wagner a noted German political economist (1835-1917) propounded an empirical law to analyses and explains the trend in the growth of public expenditure. Wagner argued that a functional, cause and effect relationship exists between the [...]

By Moheeth M|2016-07-12T14:18:13+00:00July 12, 2016|Public Expenditure|Comments Off

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