This study uses multivariate cointegration techniques and attempts to model the dynamic interactions between government size and economic growth in a five variable system consisting of the growth rates of GDP, total government spending, investment, exports, and imports. Using data on ten OECD...

Most of the literature dealing with the impact of public investment on private capital formation and economic growth focuses either on cross-section or static analysis. However, investigation of the long-run dynamic interactions between private and public investment and growth is much more...