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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/17733| Title: | The Scope of Government and its Impact on Economic Growth in OECD Countries |
| Keywords: | H1 H2 O4 ddc:330 Government expenditure taxation and economic growth Staatsquote Öffentliche Ausgaben Wirtschaftswachstum Schätzung OECD-Staaten |
| Issue Date: | 16-Oct-2013 |
| Publisher: | Kiel Institute for the World Economy (IfW) Kiel |
| Description: | This paper investigates the relationship between the size of government and economic growth in OECD countries in 1960?2000. The underlying idea is that government expenditures on public goods basically have a positive effect on growth, but this growth effect tends to decline or even reverse when government is overdoing, e.g. by increasing expenditures in such a way that it ultimately also provides private goods. Empirical analyses based on panel estimates for 21 OECD countries support this hypothesis: Total government expenditures as well as expenditures by type indicate a significant negative impact on economic growth (excepting transfers and public investments). |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/17733 |
| Other Identifiers: | http://hdl.handle.net/10419/17733 ppn:328691143 |
| Appears in Collections: | EconStor |
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