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In this paper we test a general equilibrium model of the size and growth of government developed by Dao and Esfahani (1995) using OECD cross-sectional and US time-series data. The model is based on the assumption that various socioeconomic groups try to redistribute income in their favor....
Persistent link: https://www.econbiz.de/10004976595
Develops a general equilibrium model of the growth of government based on the attempts of various socio-economic groups to redistribute income in their own favour. In the non-cooperative equilibrium of our model under free political competition, every group in the economy pays taxes at rates...
Persistent link: https://www.econbiz.de/10005003285
Develops a general equilibrium model of the growth of government based on the attempts of various socio‐economic groups to redistribute income in their own favour. In the non‐cooperative equilibrium of our model under free political competition, every group in the economy pays taxes at rates...
Persistent link: https://www.econbiz.de/10014863461
In this paper we test a general equilibrium model of the size and growth of government developed by Dao and Esfahani (1995) using OECD cross‐sectional and US time‐series data. The model is based on the assumption that various socioeconomic groups try to redistribute income in their favor....
Persistent link: https://www.econbiz.de/10014863561