Abstract

AVELLA GOMEZ, Mauricio. THE GROWTH OF PUBLIC EXPENDITURE IN COLOMBIA, 1925-2003, A NARRATIVE VISION À LA WAGNER OR À LA PEACOCK AND WISEMAN?. Rev.econ.inst. [online]. 2009, vol.11, n.20, pp.83-137. ISSN 0124-5996.

This exploratory article describes the growth path of national government expenditure during the last eighty years. It covers the following topics: the long term relation between economic growth and public expenditure; budget policies executed in different macroeconomic contexts; and the evolving institutional frameworks of budget execution.

Keywords : Wagner's Law; growth and public spending.

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