References
- Bai , J and Perron , P . 1998 . Estimating and testing linear models with multiple structural changes . Econometrica , 66 : 47 – 78 .
- Barro , R . 1987 . Government spending, interest rates, prices, and budget deficits in the United Kingdom, 1701–1918 . Journal of Monetary Economics , 20 : 221 – 47 .
- Bohl , MT . 1999 . Persistence in government spending fluctuations: new evidence on the displacement effect . Public Choice , 99 : 465 – 6 .
- Cairncross , A . 1995 . The British Economy Since 1945 , Oxford : Blackwell .
- Checkland , S . 1983 . British Public Policy 1776–1939 , Cambridge : Cambridge University Press .
- Crosby , M and Olekalns , N . 1999 . Have the fiscal policies of the UK, the USA or Australia ever been optimal? Some long run evidence on tax smoothing, mimeo , Melbourne : University of Melbourne .
- Diamond , J . 1977 . Econometric testing of the displacement effect: a reconsideration . FinanzArchiv , 35 : 387 – 404 .
- Goff , B . 1998 . Persistence in government spending fluctuations: new evidence on the displacement effect . Public Choice , 97 : 141 – 57 .
- Gupta , SP . 1967 . Public expenditure and economic growth–a time series analysis . Public Finance , 22 : 423 – 66 .
- Hobsbawm , E . 1999 . Industry and Empire , Harmondsworth, , UK : Penguin Books .
- Mitchell , BR . 1988 . British Historical Statistics , Cambridge : Cambridge University Press .
- Nomura , M . 1991 . The displacement effect on government expenditure of two oil crises: Japan, the United Kingdom and the United States . The Manchester School , 59 : 408 – 18 .
- Nomura , M . 1995 . Wagner's hypothesis and displacement effect in Japan, 1960–1991 . Public Finance , 50 : 121 – 35 .
- Peacock , AT and Wiseman , J . 1961 . The Growth of Public Expenditure in the United Kingdom , Princeton : Princeton University Press .
- Perron , P . 1989 . The great crash, the oil price shock and the unit root hypothesis . Econometrica , 57 : 1361 – 401 .
- Perron , P . 1997 . Further evidence on breaking trend functions in macroeconomic variables . Journal of Econometrics , 80 : 355 – 85 .
- Sargent , T and Velde , F . 1995 . Macroeconomic features of the French revolution . Journal of Political Economy , 103 : 474 – 518 .
- Zivot , E and Andrews , D . 1992 . Further evidence on the great crash, the oil price shock and the unit root hypothesis . Journal of Business and Economic Statistics , 10 : 251 – 70 .