A dynamic analysis of fiscal pressure and demographic transition

I. Luski, J. Weinblatt

Research output: Contribution to journalArticlepeer-review

6 Scopus citations

Abstract

In this paper, the effects of demographic changes, particularly in the age structure of population, on government social expenditure is estimated. The results indicate that income elasticity of government social services is unitary in high income countries and above that level in low income countries, especially in education and welfare. The paper attempts also to forecast the pressure of these government outlays in four distinct countries characterized by different demographic parameters.

Original languageEnglish
Pages (from-to)1431-1442
Number of pages12
JournalApplied Economics
Volume30
Issue number11
DOIs
StatePublished - 1 Jan 1998

Keywords

  • Age structure
  • Demographic trend
  • Income
  • Public spending

ASJC Scopus subject areas

  • Economics and Econometrics

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