Higgins, Matthew; Young, Andrew; Levy, Daniel - Volkswirtschaftliche Fakultät, … - 2006
We use new US county level data (3,058 observations) from 1970 to 1998 to explore the relationship between economic growth and the size of government at three levels: federal, state and local. Using 3SLS-IV estimation we find that the size of federal, state and local government all either...