Awaworyi Churchill, Sefa; Siew Ling Yew; Uğur, Mehmet - 2015
expenditures to GDP, the partial correlation between government size and per-capita GDP growth is negative in developed countries …, but insignificant in developing countries. When size is measured as the ratio of consumption expenditures to GDP, the … context-specific and likely to be biased due to endogeneity between the level of per-capita income and government expenditures. …