Government Consumption Expenditures And Gross Investment
From Open Risk Manual
Definition
Government Consumption Expenditures And Gross Investment. The final-demand component for government in the NIPAs. It includes consumption expenditures, which is shown as a purchase of services of general government, and gross investment, which is shown as purchases of structures and equipment. It excludes some categories of expenditures - such as transfer payments, interest paid by government, and government subsidy payments.[1]
References
- ↑ Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009
