THE ALLOCATION OF PUBLIC CONSUMPTION EXPENDITURE IN THE UK

Authors
PITARAKIS JY TRIDIMAS G
Citation
Jy. Pitarakis et G. Tridimas, THE ALLOCATION OF PUBLIC CONSUMPTION EXPENDITURE IN THE UK, Applied economics letters, 5(3), 1998, pp. 197-200
Citations number
9
Categorie Soggetti
Economics
Journal title
Applied economics letters → ACNP
ISSN journal
13504851
Volume
5
Issue
3
Year of publication
1998
Pages
197 - 200
Database
ISI
SICI code
1350-4851(1998)5:3<197:TAOPCE>2.0.ZU;2-4
Abstract
Using the Almost Ideal Demand System specification we analyse whether UK public consumption expenditure decisions are compatible with tradit ional utility maximization postulates. Our empirical findings tend to support the validity of the constraints of homogeneity and symmetry.