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We provide a comprehensive survey of the recent literature on the link between productive government expenditure and economic growth. Starting with the seminal paper of Robert Barro (1990) we show that an understanding of the core results of the ensuing contributions can be gained from the study...
Persistent link: https://www.econbiz.de/10013316522
. Club convergence in growth rates can be traced back to a country's openness and to a minimum required level of human …
Persistent link: https://www.econbiz.de/10012754962