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재정지출의 분야별 재원배분에 관한 연구(The sectoral allocation of government functional expenditure)

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  • 재정지출의 분야별 재원배분에 관한 연구(The sectoral allocation of government functional expenditure)
  • 최준욱; 류덕현; 박형수
  • 한국조세연구원


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Title 재정지출의 분야별 재원배분에 관한 연구(The sectoral allocation of government functional expenditure)
Similar Titles
Material Type Reports
Author(Korean)

최준욱; 류덕현; 박형수

Publisher

서울:한국조세연구원

Date 2005-12
Series Title; No 연구보고서 / 05-09
ISBN 978-89-8191-314-5
Pages 322
Subject Country South Korea(Asia and Pacific)
Language Korean
File Type Link
Subject Economy < Financial Policy
Holding 한국조세연구원

Abstract

This study investigates the determinants of inter-sectoral allocation of government functional expenditures and discusses its future direction. The welfare expenditure is anticipated to increase rapidly as the aging problems intensify. Hence, the welfare expenditure should be constrained to a reasonable level, with current adjustments in the economic expenditure to avoid huge expansion of overall government spending. Our inquires into the optimal level of SOC stock shows that reducing economic expenditure is indeed a reasonable course. We also conclude that there is much uncertainty in future welfare expenditures that hinge on political or environmental factors. (The rest omitted)