| Article ID: | iaor19971739 |
| Country: | United States |
| Volume: | 8 |
| Issue: | 4 |
| Start Page Number: | 481 |
| End Page Number: | 497 |
| Publication Date: | Apr 1997 |
| Journal: | Public Budgeting and Financial Management |
| Authors: | Kim Ki-Un, Cayer N. Josepth |
| Keywords: | management, politics, government, economics, statistics: regression |
Today most capitalist countries are experiencing continuous expansion of the public sector. Many studies have attempted to identify the factors that explain this public sector growth. The expansion of the public sector typically brings about the expansion of government expenditure. The purpose of this study is the identification of factors that are related to Korean government expenditure. Based on analysis of 1960-1990 Korean government expenditure, this study found that Korean government expenditures are closely related to GNP, the anticipated GNP growth rate by the Economic Planning Board (EPB), and the number of public servants.