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Public and private inputs in aggregate production and growth: a cross-country efficiency approach
Afonso, António; St. Aubyn, Miguel - European Central Bank - 2010
private physical capital per worker. We use a semiparametric analysis, computing Malmquist productivity indexes, and we also …
Persistent link: https://www.econbiz.de/10008541284
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Economic growth and budgetary components: a panel assessment for the EU
Afonso, António; González Alegre, Juan - European Central Bank - 2008
variables in a growth regression: economic growth, total factor productivity and labour productivity. Our results are able to …. We also associate a significant dependence of productivity on public expenditure on education as well as the role of …
Persistent link: https://www.econbiz.de/10005033425
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Government size, composition, volatility and economic growth
Afonso, António; Furceri, Davide - European Central Bank - 2008
This paper analyses the effects in terms of size and volatility of government revenue and spending on growth in OECD and EU countries. The results of the paper suggest that both variables are detrimental to growth. In particular, looking more closely at the effect of each component of government...
Persistent link: https://www.econbiz.de/10005530997