Showing 1 - 10 of 97
Several recent articles claim that pre-tax income equality promotes growth. Equality is argued to dampen demand for redistributive economic policies that tax returns to growth-enhancing activities such as investment. These results rest heavily on the assumption that pre-tax income equality is an...
Persistent link: https://www.econbiz.de/10010818512
Several recent articles claim that pre-tax income equlity promotes growth. Equality is argued to dampen demand for redistributive economic policies that tax returns to growth-enhancing activities such as investment. These results rest heavly on the assumption that pre-tax income equality is an...
Persistent link: https://www.econbiz.de/10005486495
In a recent review article Jonas Agell, Thomas Lindh and Henry Ohlsson (1997) claim that theoretical and empirical evidence does not allow any conclusion on whether there is a relationship between the rate of economic growth and the size of the public sector. They illustrate their conclusion...
Persistent link: https://www.econbiz.de/10005645383
growth. In part this may reflect the prediction in economic theory that a negative relationship should exist primarily for …
Persistent link: https://www.econbiz.de/10005645403
Empirical studies of the relation between government size and economic growth come to widely different conclusions. In part this may reflect the fact that many studies report regressions that contain severe multicollinearity, heteroscedasticity, simultaneity and other specification problems....
Persistent link: https://www.econbiz.de/10005671123
In a recent paper, Colombier (2009) uses a robust estimation technique and claims to find empirical evidence that … theory is not corroborated. We examine the robustness of these findings, and show that Colombier’s results differ from those … findings, corroborating endogenous growth theory. Adding further control variables illustrates the robustness of the negative …
Persistent link: https://www.econbiz.de/10008865947
The literature on the relationship between the size of government and economic growth is full of seemingly contradictory findings. This conflict is largely explained by variations in definitions and the countries studied. An alternative approach—of limiting the focus to studies of the...
Persistent link: https://www.econbiz.de/10008788635
While previous research documents a negative relationship between government size and economic growth, suggesting an economic cost of big government, a given government size generally affects growth differently in different countries. As a possible explanation of this differential effect, we...
Persistent link: https://www.econbiz.de/10010945001
In a recent review article Jonas Agell, Thomas Lindh and Henry Ohlsson (1997) claim that theoretical and empirical evidence does not allow any conclusion on whether there is a relationship between the rate of economic growth and the size of the public sector. They illustrate their conclusion...
Persistent link: https://www.econbiz.de/10005486488
The firm is defined in terms of its financial objectives, achieved through human-based organizational competence, conferring scale economies on all other factors. Competence is developed through organizational learning, jointly produced with the value added of the firm, largely manifesting...
Persistent link: https://www.econbiz.de/10010818393