Convergence of public expenditures and Implementation of a single model of public finances in the European Union

the paper analyses whether the composition of public spending is converging
in the european union. the novelty of the paper lies in the use of different
techniques from traditional beta and sigma convergences, of the economic and
functional classications of public spending, and of two measures of the size of
public expenditure: as a share of Gdp and as a share of total public expenditures.
the tests do not detect a convergence of the composition of public expenditures,
mainly when the composition of public expenditures is measured as a share of total
public expenditures.

Journal: 
37
Authors: 
Jesus Ferreiro
Carlos A. Carrasco
Carmen Gómez
Attached file: 

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