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Purpose – The purpose of this paper is to examine the impact of the size of government and public debt on real economic … random-effects techniques to estimate the panel regressions. Findings – The results indicate that both the size of government … and the extent of government indebtedness have negative effects on economic growth. Practical implications – The findings …
Persistent link: https://www.econbiz.de/10010814568
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This paper investigates the determinants of fiscal decentralisation, focusing in particular on the impact of the level of income on the level of fiscal decentralisation. Various measures of fiscal decentralisation, several of them novel in this context, are employed in a cross-country...
Persistent link: https://www.econbiz.de/10009448196
This paper investigates the empirical relationship between the size of government and the process of economic growth in … government sector on economic growth. Using annual time series data for the period 1964-1999, it is found that government … expenditure exerts a strong beneficial impact on economic growth. However, marginal factor productivity in the government sector …
Persistent link: https://www.econbiz.de/10009457632
Purpose – The main purpose of this paper is to visualize the relation between government spending on basic education … government tax the adult generation and spent it in basic education of the next generations. Findings – It was demonstrated that … the magnitude of the marginal effect of government spending in basic education on growth crucially depends on public …
Persistent link: https://www.econbiz.de/10005081183
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