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Public expenditure in Italian public finance theory

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  • Domenicantonio Fausto

Abstract

This paper examines public expenditure in the Italian public finance literature between the end of the nineteenth century and the early decades of the twentieth century. Three aspects are considered: the factors that determine the growth of public expenditure; integration of the tax and expenditure sides in the theory of shifting and incidence of taxation; and the general productivity of public expenditure. The main conclusion of the paper is that Italian economists have examined the problem of public finance in a general context, taking into consideration both taxes and public expenditure at the same time.

Suggested Citation

  • Domenicantonio Fausto, 2010. "Public expenditure in Italian public finance theory," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 17(4), pages 909-931.
  • Handle: RePEc:taf:eujhet:v:17:y:2010:i:4:p:909-931
    DOI: 10.1080/09672567.2010.482995
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    References listed on IDEAS

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    1. Alan T. Peacock & Jack Wiseman, 1961. "The Growth of Public Expenditure in the United Kingdom," NBER Books, National Bureau of Economic Research, Inc, number peac61-1.
    2. Vasilev, Aleksandar & Maksumov, Rashid, 2010. "Critical analysis of Chapter 23 of Keynes’s Notes on Mercantilism in The General Theory of Employment, Interest and Money (1936)," EconStor Research Reports 155318, ZBW - Leibniz Information Centre for Economics.
    3. Wagner, Alfred, 1891. "Marshall's Principles of Economics," History of Economic Thought Articles, McMaster University Archive for the History of Economic Thought, vol. 5, pages 319-338.
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    Cited by:

    1. Zwelihle Wiseman NZUZA, 2014. "Perceived Effectiveness of Municipal Financial Management on the Performance of Inventory Stock Management in Local Government of South Africa," Journal of Economics and Behavioral Studies, AMH International, vol. 6(3), pages 251-261.

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