This article presents data on health care spending for the United States, covering expenditures for various types of medical services and products and their sources of funding from 1960 to 1993. Although these statistics show a slowing in the growth of health care expenditures over the past few years, spending continues to increase faster than the overall economy. The share of the Nation's heal...

Forty-three states in the United States have legal limits on local property taxation. These limits constrain increases in local government revenues, increases in property values, and the level of tax rates. A large literature cites the desire of taxpaying voters to constrain wasteful local government expenditures as the primary motivation for these limitations. The ability of tax limitations to...

This paper presents a general equilibrium analysis of disaster policy in a federation. The national government is postulated to offer optimal disaster relief, a policy that creates moral hazards for subnational government and private sector decisionmakers. In equilibrium, subnational governments, which compete for mobile productive resources, choose inefficiently low amounts of costly disaster ...

The ICT is one of the main determinant factors of e-commerce industry such as tourism industry in developing countries like Iran. For this purpose, the main objective of this paper is to investigate the long-run relationship between ICT indices such as internet users, government expenditures on ICT to the GDP and mobile cellular in Iranian economy during the 1976-2014. The empirical model has b...

In this article I examine whether turnout in the 2000 presidential election was influenced by closeness and candidate expenditures. Evidence that closeness affects turnout supports the theory that voters assign more weight to their votes in close elections. Evidence that expenditures increase turnout provides support for the argument that greater mobilization efforts increase turnout in close e...

We use a 3-step analysis to assess the sustainability of public finances in the EU27. Firstly, we perform the SURADF specific panel unit root test to investigate the meanreverting behaviour of general government expenditures and revenues ratios. Secondly, we apply the bootstrap panel cointegration techniques that account for the time series and cross-sectional dependencies of the regression err...

The South African Government recently set targets to reduce cardiovascular disease (CVD) by lowering salt consumption. We conducted an extended cost-effectiveness analysis (ECEA) to model the potential health and economic impacts of this salt policy. We used surveys and epidemiologic studies to estimate reductions in CVD resulting from lower salt intake. We calculated the average out-of-pocket ...

The years from 1965 to 1976 were a period of great expansion in social welfare expenditures under public law. The entry of the Federal Government into the fields of health care and education was responsible for much of the growth in the first part of this period; high inflation produced increased spending in the later years. From 1977 to 1987, the rate of growth in social welfare spending slowe...

We examine how inv estment in human capital affects the U.S. economy using a three-sector growth model. Investment in human capital is produced in a constant returns to scale Education sector that has capital, labor, student time and intermediates as inputs. The perfectly foresighted household determines investment in physical capital while the government determines the rate of Education invest...