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Sulla political economy della spesa pubblica nell’Italia liberale

Author

Listed:
  • Emma Galli

    (La Sapienza Università di Roma)

  • Roberto Ricciuti

    (Università di Verona e CESifo)

Abstract

This paper empirically analyzes the demand for public goods in Italy over the period 1861-1913 in a political economy perspective and concentrates on fiscal illusion. The analysis suggests that the relationship between public expenditure and deficit is typically a long-run one. There is also a negative short-run relationship between public expenditures and the price of private goods showing complementarity between private and public goods; instead, in the long-run substitutability prevails. The impact of both income distribution and the number of voters on the public expenditures is variable over time

Suggested Citation

  • Emma Galli & Roberto Ricciuti, 2012. "Sulla political economy della spesa pubblica nell’Italia liberale," Rivista di Politica Economica, SIPI Spa, issue 3, pages 275-292, July-Sept.
    • Handle: RePEc:rpo:ripoec:y:2012:i:3:p:275-292
    as

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    More about this item

    Keywords

    political economy; Italia liberale; spesa pubblica; illusione fiscale;
    All these keywords.

    JEL classification:

    • H3 - Public Economics - - Fiscal Policies and Behavior of Economic Agents
    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems
    • N4 - Economic History - - Government, War, Law, International Relations, and Regulation

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