A Comparative Study of Government Capital Expenditures and Current Expenditures in Taiwan
Date Issued
2003-07-31
Date
2003-07-31
Author(s)
DOI
912414H002028
Abstract
This research presents an empirical
analysis of the causal relations between capital
and current expenditures for the Taiwan
governments during the fiscal years of
1962-2001. Descriptive statistics and VAR
models are used to analyze the short- and
long-run interactions between current and
capital spending. The main conclusions are: (1)
Due to the fiscal stress, capital spending
expressed as share of total spending has
decreased sharply in 1990s. (2) Defense
expenditures have the biggest tradeoff effects
on other spending, including education
/technology/culture, economic development,
and social security. (3) All four capital
spending demonstrated positive implications
for future current expenditures.
Subjects
public budgeting
capital
expenditures
expenditures
current expenditures
fiscal
deficits
deficits
SDGs
Publisher
臺北市：國立臺灣大學政治學系暨研究所
Type
report
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