scholarly journals Note on the Optimal Size of Government

2011 ◽  
Vol 3 ◽  
Author(s):  
Ting Chao Chiung
Keyword(s):  
Public Service ◽  
Budget Deficit ◽  
Nonprofit Organization ◽  
Pareto Optimum ◽  
Optimal Size ◽  
Balance Budget ◽  
Size Of Government ◽  
Budget Surplus

Since  government  is  a  nonprofit  organization,  I  apply  firmtheory under zero profit condition to analyze the optimal sizeof  government.  Government  should  minimize  short­runaverage  cost  while  demand  for  public  service  is  equal  tosupply  of  public  service.  The  optimal  size  of  governmentimplies  (1)  tax  is  minimized  under  balance  budget  givenpublic service and (2) budget surplus and budget deficit areinefficient (i.e., balance budget is Pareto optimum)

scholarly journals Are Government Budget Deficits Inflationary? Evidence from Pakistan

1994 ◽  
Vol 33 (4II) ◽  
pp. 955-967 ◽  
Author(s):  
Tayyeb Shabbir ◽  
Ayaz Ahmed
Keyword(s):  
Budget Deficit ◽  
Structural Adjustment ◽  
Oil Price ◽  
Optimal Size ◽  
Budget Deficits ◽  
Government Budget ◽  
Economic Role ◽  
Current Account Deficits ◽  
Structural Adjustment Programmes

In academia as well as policy-making institutions, there has been a long standing interest in analysing the phenomenon of inflation. Amongst the possible determinants of inflation, budget deficits may be one whose importance might have grown since the oil price hikes of 1973-74 and in 1979. For many a developing countries these increases in oil price have been responsible for the massive current account deficits as well as rapidly increasing domestic budget deficits of the last decade or so. During the 1980s, the budget deficit for Pakistan also grew rapidly reaching a record high of 8.6 percent of the G D P in 1987-88. Lately in the backdrop of the recent structural adjustment programmes, there has been much interest in determining the optimal size and the macro economic role of the budget deficits. However, despite its growing importance, the effects of budget deficits are not well understood.

A Comparative Study of the Central Administration Budget Preparation Process in Turkey and Sweden

2017 ◽  
pp. 1-14
Author(s):  
Fatma Turna ◽  
Nihan Kurtulmaz ◽  
Burak Kozali
Keyword(s):  
Public Sector ◽  
Comparative Study ◽  
Budget Deficit ◽  
Budget Process ◽  
Preparation Process ◽  
Budget Deficits ◽  
Central Administration ◽  
The Government ◽  
Budget Surplus

Sweden was one of the countries among the OECD states yielding maximum budget surplus at the end of 1980s and became one of the countries yielding maximum budget deficits in the first years of the 1990s. The budget deficit almost doubled in five years. During that period, the government decided the most important reason of the budget deficits was the budget process itself and commenced studies to reform the budget process and enhance its consistency and reliability. Basic steps were taken to grant budget surplus for whole public sector, to set an allowance cap for whole public sector and create equivalent budget structure for all municipalities and a series of studies were conducted. In this study, the stage of the budget preparation process in Turkey and Sweden will be reviewed and compared to the budget preparation process in Sweden with the budget preparation process in Turkey.

scholarly journals Government expenditure in New Zealand since 1935: a preliminary reassessment

2017 ◽  
Vol 13 (2) ◽  
Author(s):  
Matthew Gibbons
Keyword(s):  
New Zealand ◽  
Comparative Studies ◽  
Government Expenditure ◽  
Data Series ◽  
Optimal Size ◽  
Economic Issue ◽  
Size Of Government ◽  
Expenditure Data ◽  
Term Data

The optimal size of government is an important political and economic issue. However, because no long-term government expenditure series has official standing, New Zealand is often a missing case in comparative studies of government expenditure (Castles, 1998). Although government expenditure data is available from 1972 on Treasury’s website (New Zealand Treasury, 2016), the most widely used data before 1972 is a ‘consolidated’ long-term data series, on Statistics New Zealand’s website, which uses data from a number of sources and is published with strong disclaimers. 

Deformation of Fiscal Policy and Debt Management as a Result of the Stabilization Fund Forming

2013 ◽  
pp. 20-32 ◽  
Author(s):  
O. Dmitrieva
Keyword(s):  
Economic Growth ◽  
Fiscal Policy ◽  
Budget Deficit ◽  
Debt Service ◽  
Debt Management ◽  
Negative Effects ◽  
National Wealth ◽  
Reserve Fund ◽  
Budget Surplus

The article shows the systematic mistake in the form of underestimation of project budget revenues. It is accompanied by the artificial increase in budget deficit which causes excessive borrowings and debt growth while in fact budget surplus takes place. It is proved that state borrowing and saving of assets in the sovereign funds (Reserve Fund and National Wealth Fund) lead to a combination of negative effects related to both deficit and surplus budgets: artificial slowdown of economic growth and increase in expenses for debt service.

The optimal size of government

Public Choice ◽  
1987 ◽  
Vol 53 (2) ◽  
pp. 131-147 ◽  
Author(s):  
Philip J. Grossman
Keyword(s):  
Optimal Size ◽  
Size Of Government

scholarly journals The optimal size of government in Australia

2019 ◽  
Vol 62 ◽  
pp. 27-36
Author(s):  
Anthony J. Makin ◽  
Julian Pearce ◽  
Shyama Ratnasiri
Keyword(s):  
Optimal Size ◽  
Size Of Government
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