Showing 1 - 10 of 5,336
possible explanation of this differential effect, we explore whether perceived government legitimacy (measured by satisfaction … government may "get away" with being big since legitimacy can affect people's behavioral response to, and therefore the economic … growth cost of, taxation and government expenditures. On the negative side, legitimacy may make voters less prone to acquire …
Persistent link: https://www.econbiz.de/10010504513
the most suffered the biggest loss in confidence in institutions, particularly in trust in government and the financial …We document that trust in public institutions - and particularly trust in banks, business and government - has declined … over recent years. U.S. time series evidence suggests that this partly reflects the pro-cyclical nature of trust in …
Persistent link: https://www.econbiz.de/10010274853
the most suffered the biggest loss in confidence in institutions, particularly in trust in government and the financial …We document that trust in public institutions and particularly trust in banks, business and government has declined … over recent years. U.S. time series evidence suggests that this partly reflects the pro-cyclical nature of trust in …
Persistent link: https://www.econbiz.de/10010278438
This paper analyses the effects in terms of size and volatility of government revenue and spending on growth in OECD … more closely at the effect of each component of government revenue and spending, the results point out that i) indirect … taxes (size and volatility); ii) social contributions (size and volatility); iii) government consumption (size and …
Persistent link: https://www.econbiz.de/10011604895
social trust levels are able to develop larger government sectors without harming the economy, and (ii) that countries with …The literature on the relationship between the size of government and economic growth is full of seemingly … approach - of limiting the focus to studies of the relationship in rich countries, measuring government size as total taxes or …
Persistent link: https://www.econbiz.de/10010320200
government size has not been detrimental to growth for OECD countries during the 1970 to 2001 period, and that endogenous growth …
Persistent link: https://www.econbiz.de/10010320313
preferences as our measure of polarization. Political polarization is strongly associated with smaller government in democratic … countries, but there is no relationship between polarization and the size of government in undemocratic countries. The results …
Persistent link: https://www.econbiz.de/10010281329
We examine the effect of generalized trust on long-term economic growth. Unlike in previous studies, we use Bayesian … endogeneity and assess whether the effect of trust on growth is causal. Examining more than forty regressors for nearly fifty … countries, we show that trust exerts a positive effect on long-term growth and, based on the posterior inclusion probabilities …
Persistent link: https://www.econbiz.de/10010322193
Persistent link: https://www.econbiz.de/10014459450
Using data from US states, we find a positive relationship between trust and growth. According to our results, a 10 … percentage point increase in trust increases the growth rate of per capita income by 0.5 percentage point, growth rate of housing …
Persistent link: https://www.econbiz.de/10010312581