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State Expenditures In Utah: An Analysis Of Time-Series Models, William Darrell Lewis

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

The purpose of this paper was to determine the economic, sociopolitical, and other related factors which account for the variation in state expenditures across time. Utah was selected as the test state and data were collected from school records, political rosters, employment statistics, and a variety of federal government documents. Particular emphasis was placed on three areas: the cause-effect relationships between variables, relating the model to a body of economic theory, and demonstrating how the model may be applied in forecasting state expenditure needs.

Supply-and-demand analysis was the underlying economic theory. A simultaneous-equation model consisting of four equations--demand for state …