Showing 1 - 10 of 18
private physical capital per worker. We use a semiparametric analysis, computing Malmquist productivity indexes, and we also …
Persistent link: https://www.econbiz.de/10013316261
In this paper we assess to what extent in the existence of a financial crisis, government spending can contribute to mitigate economic downturns in the short run and whether such impact differs in crisis and non crisis times. We use panel analysis for a set of OECD and non-OECD countries for the...
Persistent link: https://www.econbiz.de/10013316206
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/10013316642
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/10011604895
private physical capital per worker. We use a semiparametric analysis, computing Malmquist productivity indexes, and we also …
Persistent link: https://www.econbiz.de/10011605200
We assess the sustainability of public finances in OECD countries, over the period 1970-2010, using unit root and cointegration analysis, both country and panel based, controlling for endogenous breaks. Results notably show: lack of cointegration – absence of sustainability – between...
Persistent link: https://www.econbiz.de/10013102099
productivity shocks and (ii) a mildly counter-cyclical behaviour with fiscal spending shocks. We also use a Panel Vector Auto …
Persistent link: https://www.econbiz.de/10013145150
, total factor productivity, the unemployment rate, hours per worker, and inflation, are also important determinants of …
Persistent link: https://www.econbiz.de/10012768393
In this paper we examine the impact of public spending, education, and institutions on income distribution in advanced economies. We also assess the efficiency of public spending in redistributing income by using a DEA (Data Envelopment Analysis) nonparametric approach. We find that public...
Persistent link: https://www.econbiz.de/10013316623
We address the efficiency of expenditure in education provision by comparing the output (PISA results) from the educational system of 25, mostly OECD, countries with resources employed (teachers per student, time spent at school). We estimate a semi-parametric model of the education production...
Persistent link: https://www.econbiz.de/10011604540