Do governments re-prioritise spending?: First insights from COFOG data on public spending reallocation in OECD countries
This study investigates the capacity of governments to reallocate spending across different functions of the government. It mobilises the COFOG dataset for the period 1996 - 2017, which allows comparing public spending mixes at detailed levels in ways that are consistent across countries and over ti...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
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Paris
OECD Publishing
2023
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| Schriftenreihe: | OECD Economics Department Working Papers
no.1785 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | This study investigates the capacity of governments to reallocate spending across different functions of the government. It mobilises the COFOG dataset for the period 1996 - 2017, which allows comparing public spending mixes at detailed levels in ways that are consistent across countries and over time. Three main empirical findings are established. Firstly, countries differ in their propensity to reallocate public spending across functions and countries that reallocate more are also countries with sounder governance and tighter fiscal rules in place. Secondly, obstacles to reallocation are identified, with governments avoiding nominal cuts, especially in health and social expenditures. Thirdly, while the analysis underlines some degree of convergence among OECD countries in terms of public spending allocation, this convergence is not universal. A cluster of Nordic countries persists, and Greece is identified as diverging from the rest of countries included in the sample. |
| Beschreibung: | 1 Online-Ressource (40 p.) 21 x 28cm. |
| DOI: | 10.1787/56dda017-en |
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| spelling | Barnes, Sebastian VerfasserIn aut Do governments re-prioritise spending? First insights from COFOG data on public spending reallocation in OECD countries Sebastian, Barnes, Boris, Cournède and Julien, Pascal Paris OECD Publishing 2023 1 Online-Ressource (40 p.) 21 x 28cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.1785 This study investigates the capacity of governments to reallocate spending across different functions of the government. It mobilises the COFOG dataset for the period 1996 - 2017, which allows comparing public spending mixes at detailed levels in ways that are consistent across countries and over time. Three main empirical findings are established. Firstly, countries differ in their propensity to reallocate public spending across functions and countries that reallocate more are also countries with sounder governance and tighter fiscal rules in place. Secondly, obstacles to reallocation are identified, with governments avoiding nominal cuts, especially in health and social expenditures. Thirdly, while the analysis underlines some degree of convergence among OECD countries in terms of public spending allocation, this convergence is not universal. A cluster of Nordic countries persists, and Greece is identified as diverging from the rest of countries included in the sample. Economics Cournède, Boris MitwirkendeR ctb Pascal, Julien MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/56dda017-en Volltext |
| spellingShingle | Barnes, Sebastian Do governments re-prioritise spending? First insights from COFOG data on public spending reallocation in OECD countries Economics |
| title | Do governments re-prioritise spending? First insights from COFOG data on public spending reallocation in OECD countries |
| title_auth | Do governments re-prioritise spending? First insights from COFOG data on public spending reallocation in OECD countries |
| title_exact_search | Do governments re-prioritise spending? First insights from COFOG data on public spending reallocation in OECD countries |
| title_full | Do governments re-prioritise spending? First insights from COFOG data on public spending reallocation in OECD countries Sebastian, Barnes, Boris, Cournède and Julien, Pascal |
| title_fullStr | Do governments re-prioritise spending? First insights from COFOG data on public spending reallocation in OECD countries Sebastian, Barnes, Boris, Cournède and Julien, Pascal |
| title_full_unstemmed | Do governments re-prioritise spending? First insights from COFOG data on public spending reallocation in OECD countries Sebastian, Barnes, Boris, Cournède and Julien, Pascal |
| title_short | Do governments re-prioritise spending? |
| title_sort | do governments re prioritise spending first insights from cofog data on public spending reallocation in oecd countries |
| title_sub | First insights from COFOG data on public spending reallocation in OECD countries |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/56dda017-en |
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