Olaleye, Samuel Olasode; Edun, Femi; Bello, Hassan Taiwo; … - In: Romanian Economic Journal 17 (2014) 51, pp. 47-66
This paper discusses the theoretical and empirical basis for the existence of an optimal size of government as depicted by Armey Curve, which is an inverted U curve, where the size of government is on the horizontal axis and economic growth rate is on the vertical axis. The geometric nature of...