barnett: Barnett Formula

View source: R/barnett.R

barnettR Documentation

Barnett Formula

Description

The British government uses the Barnett formula to allocate money for public expenditure in Scotland, Wales, and Northern Ireland based on changes to funding in England (and something other nations too). This function takes the necessary inputs and returns the expected change in funding expected under the Barnett formula.

Usage

barnett(eng_fund, pop_prop, comp_fct)

Arguments

eng_fund

Amount of extra funding allocated to England.

pop_prop

Population proportion compared to England.

comp_fct

Comparability factor as a proportion. Value reflects how comparable the English departmental programme is to the devolved administration's programme.

Value

A vector of numeric data

Examples

barnett(eng_fund = 1e+09, pop_prop = .1034, comp_fct = .997)

jackobailey/britpol documentation built on Aug. 6, 2023, 2:30 a.m.