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The relative size of the State in industrialized economies has increased dramatically during the past century giving rise to legitimate fears that such a trend might end up having an adverse impact on growth. This paper explores the relationship between the development of government activities...
Persistent link: https://www.econbiz.de/10009307545
The EU's Lisbon strategy of 2000 (renewed in 2005) calls for substantial improvements in the quality and sustainability of public finance. In this context, the current study concentrates on the growth potential of public expenditures. National Reform Programs are analyzed in order to draw...
Persistent link: https://www.econbiz.de/10013123405
Public spending has effects on growth and distribution which are complex to trace and difficult to quantify. But the composition of public expenditure has become the key instrument by which development agencies seek to promote economic development. In recent years, the development assistance to...
Persistent link: https://www.econbiz.de/10013108590
New indicators measuring the effects of public spending on inclusive growth have been constructed using recent empirical work by Fournier and Johansson (2016) and a recent public finance dataset (Bloch et al., 2016). A first set of indicators combines information on the mix of public spending....
Persistent link: https://www.econbiz.de/10011914165
This paper reviews the key issues concerning the impact of public spending and taxation on long-run growth and inequality and takes stock of existing theoretical and empirical studies. Overall, the evidence highlights that the size of the government matters for long-term growth as a too large...
Persistent link: https://www.econbiz.de/10011578194
Public spending has effects which are complex to trace and difficult to quantify. But the composition of public expenditure has become the key instrument by which development agencies seek to promote economic development. In recent years, the development assistance to heavily indebted poor...
Persistent link: https://www.econbiz.de/10014064921
frontier, TFP being the composite effect of efficiency scores and possibility frontier changes. We consider, for the periods … ; public spending ; efficiency ; Malmquist index …
Persistent link: https://www.econbiz.de/10003970447
An attempt is made in this paper to examine the impacts of government spending on human capital on human development indicators like healthcare outcomes, education achievements and increase in national income in Namibia using time series data from 1980 to 2015. The analysis reveals a significant...
Persistent link: https://www.econbiz.de/10014095681
The relative size of the State in industrialized economies has increased dramatically during the past century giving rise to legitimate fears that such a trend might end up having an adverse impact on growth. This paper explores the relationship between the development of government activities...
Persistent link: https://www.econbiz.de/10011957702
The relative size of the State in industrialized economies has increased dramatically during the past century giving rise to legitimate fears that such a trend might end up having an adverse impact on growth. This paper explores the relationship between the development of government activities...
Persistent link: https://www.econbiz.de/10009278206