Comparative Analysis of Expenditure in the Central Government Subsector of Bulgaria and Greece according to COFOG for the Period 1998-2018


government expenditure, development trends, statistical methods, comparative analysis, measurement of dependencies, Wagner's law

It is essential to study and analyse government expenditure in order to identify trends in their development. Periodic reporting of trends in government expenditure allows economic agents to plan their business actions on the basis of objective information, reducing the uncertainty of the economic system. In addition, measuring the changes in the structure of government expenditures (especially the expenditures of the Central Government subsector by function of Classification of the functions of government (COFOG)) allows revealing the priorities in the provision of public goods. The goal of the article is to make a comparative analysis of the expenditure of the subsector "Central government" by functions of COFOG of Bulgaria and Greece and on this basis to reveal the trends in their development, as well as to highlight the differences in spending policies between the two countries.

JEL: H5, H50
Pages: 20
Price: 2 Points

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