Applied Political Economic Modelling (Studies in Contemporary Economics)
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Beschreibung
The subject and purpose of this book is to make a contribution to the development and application of political economic models. The point of departure is the public choice literature, and in particular the interest function approach to government behaviour. The book gives a critical and up-to-date review of the existing approaches in the public choice literature. Various approaches are theoretically and empirically elaborated and statistically tested, using data for the Netherlands. Moreover, new models are constructed which try to explain governmental decision making with respect to government expenditure and transfer payments. The models are empirically applied to the Netherlands. The book analyzes in detail the organization of governmental decision making and studies the implications of this structure for economic policy.
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