791,607 research outputs found

    What Determines Public Education Expenditures in Russia?

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    Recent studies suggest that the allocation of expenditures in education is important for growth. The state of public education spending in many transition economies highlights the need for an assessment of the nature of education expenditures in these countries. This paper attempts to fill this gap in the literature by estimating the determinants of education expenditures in the Russian Federation. Results from panel data analysis show that revenue and the student-population ratio have a positive impact on education expenditures while the effect of population density is negative. Three regional variables also show significant impact. The income and price elasticity of public education expenditures are estimated to be 0.57 and -0.18, respectively, a result comparable to studies from other countries. The results presented here provide insight into how fiscal institutions and the structure of the political process in Russia may affect the degree of resource allocation in the educational sector during the transition process

    The Effect of Food-Away-from-Home and Food-at-Home Expenditures on Obesity Rates: A State-Level Analysis

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    Using state-level data from the Behavioral Risk Factor Surveillance System, we investigate the effects of household food-away-from-home and food-at-home expenditures on overweight rates, obesity rates, and combined rates. Our random effects model estimates suggest that food-away-from-home expenditures are positively related to obesity and combined rates, while food-at-home expenditures are negatively related to obesity and combined rates. However, the magnitudes of these effects, while statistically significant, are relatively small. Both food-at-home and food-away-from-home expenditures do not significantly influence overweight rates.food-at-home expenditures, food-away-from-home expenditures, obesity, overweight, random effects model, state-level analysis, Agribusiness, Food Consumption/Nutrition/Food Safety, I18,

    Expenditures and Information Disclosure in Two- Stage Political Contests

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    This laboratory experiment studies two-stage contests between political parties. In the first stage, parties run their primaries and in the second stage the winners of the primaries compete in the general election. The resource expenditures in the first stage by the winning candidates are partially or fully carried over to the second stage. Experimental results support all major theoretical predictions: the first stage expenditures and the total expenditures increase, while the second stage expenditures decrease in the carryover rate. Consistent with the theory, the total expenditures increase in the number of candidates and the number of parties. Contrary to the theory, however, expenditures in both stages of the competition exceed theoretical predictions. Disclosing information about the opponent’s expenditures in the first stage increases the second stage expenditures and decreases the first stage expenditures.political contest, experiments, information uncertainty, over-expenditures

    The Effect of Obesity on State Health Care Expenditures: An Empirical Analysis

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    The purpose of this study is to examine the effects of obesity rates on per capita state health care expenditures. A two-stage least square regression model is used. In the first stage of the estimation, factors influencing obesity rates are determined. The determinants of obesity rates are outlined throughout the research process. In the second stage, the impact of obesity rates on per capita health expenditures across states is evaluated. The empirical results indicate that obesity rates do indeed have a direct effect on state health care expenditures. After reviewing the project’s results, various solutions are proposed as possible methods to slow and perhaps reverse growing obesity rates with the objective of reducing health care expenditures. The solutions offered may possibly decrease the prevalence of obesity across the nation and in turn lower per capita health care spending

    The Impact of Globalization on the Composition of Government Expenditures: Evidence from Panel Data

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    According to the disciplining hypothesis, globalization restrains governments by inducing increased budgetary pressure. As a consequence, governments shift their expenditures in favour of transfers and subsidies and away from capital expenditures. This expenditure shift is potentially enhanced by citizens’ preferences to be compensated for the risks of globalization (“compensation hypothesis”). Employing two different datasets and various measures of globalization, we analyze whether globalization has indeed influenced the composition of government expenditures. For a sample of 108 countries, we examine the development of four broad expenditure categories for the period 1970-2001: capital expenditures; expenditures for goods and services; interest payments; and subsidies and other current transfers. A second dataset provides a much more detailed classification: public expenditures, expenditures for defence, order, economic environment, housing, health, recreation, education, and social expenditures. However, this second data set is only available since 1990 – and only for the OECD countries. Our results show that globalization did not influence the composition of government expenditures.globalization, economic policy, government expenditure composition, tax competition

    Curbing Tax Expenditures

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    Reviews trends in tax expenditures and their effects and examines three options for raising tax revenue by applying limits to large and widely utilized tax preferences: a fixed percentage credit, a cap based on income, and a constant percentage reduction

    Do Different Groups Invest Differently in Higher Education?

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    On average, education accounts for about 2 percent of total annual expenditures by U.S. consumers, but this percentage varies greatly by demographic. Some groups appear to spend much more than others, so it is natural to question what influences this variation in spending. A popular conception is that racial and ethnic groups value higher education differently. In economic terms, this is a reflection of the value of human capital—how much people are willing to invest in their children’s education. The notion that some groups invest more than others is often based on average participation rates but does not account for actual expenditures or the expenditures when you consider socioeconomic differences. This Beyond the Numbers article looks at the amount of money invested in education by different race and ethnic groups and examines different factors that could contribute to the differences in expenditures. We find that race and ethnicity groups do, on average, spend vastly different amounts on education, but the likelihood of going to college (and thus having education expenditures) and socioeconomic factors have the most influence on families’ investment in higher education—and race and ethnicity is not the driving factor, as commonly thought

    Expenditures on Public Transportation

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    Public transportation expenditures consumed 6 percent of the average household\u27s transporation budget in 1997, divided between intracity and intercity travel (22 percent and 78 percent of total public transportation expenditures, respectively). Intracity transportation modes include mass transit, taxi and limousine service, and school bus. Intercity transportation modes include air, bus, train, and ship. This report highlights public transportation expenditures by consumer units in 1997, classified by income quintiles and by region

    Trends and Deviations in Federal, State and Local Finance

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    This paper contains a descriptive analysis o+ real per capita annual revenues, expenditures, deficits, debt levels and capital expenditures for federal, state and local government finance in the United States for the rears 1952-83. It summarizes each time series as a deterministic trend and an ARIM characterization of the deviations around trend. These summaries demonstrate that civilian capital outlays are falling at an accelerating pace in ail levels of government; federal government expenditures and debt are expanding at an accelerating rate; local special districts are also growing quadratically; state governments have a continuing surplus of revenues over expenditures; and local governments depend upon intergovernmental revenues to maintain balance between revenues and expenditures while reducing debt. Stochastic persistence tends to increase at more disaggregate levels of government. Expenditures tend to have longer lags than do revenues.
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