Social expenditure of public authorities and economic growth 1947-66

Abstract

Social expenditure in this context refers to the consolidated expenditure of public authorities on education, health, housing and income maintenance. Public authorities comprise the Central Government (including extra-budgetary funds) and Local Authorities. Public corporations are excluded. A major obstacle in relating this expenditure to the growth of national output is the absence of an official classification of public authorities' expenditure according to purpose of expenditure within the national income framework.