Agell, Jonas; Ohlsson, Henry; Skogman Thoursie, Peter - Nationalekonomiska institutionen, Stockholms Universitet - 2003
In a recent article Stefan Fölster and Magnus Henrekson [2001] argue that “…the more the econometric problems that are addressed, the more robust the relationship between government size and economic growth appears”. But in failing to control for simultaneity in a valid manner the...