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This paper investigates the relationship between the size of government and economic growth in OECD countries in 1960 …?2000. The underlying idea is that government expenditures on public goods basically have a positive effect on growth, but this … growth effect tends to decline or even reverse when government is overdoing, e.g. by increasing expenditures in such a way …
Persistent link: https://www.econbiz.de/10011474188
size of this political distortion. In this paper we study the determination of government debt and deficits in a dynamic …, a rent-seeking government over-saves and over-taxes along the equilibrium path relative to a benevolent government …
Persistent link: https://www.econbiz.de/10012714047
shadow economy. -- shadow economy ; tax morale ; governance quality ; government intervention ; corruption …
Persistent link: https://www.econbiz.de/10009742149
morale ; institutional quality ; government intervention ; corruption …
Persistent link: https://www.econbiz.de/10009742150
Viewing the Chinese economy as a speeding car, there are three types of development that could crash the car: (1) a hardware failure, which is the breakdown of an economic mechanism (analogous to the collapse of the chassis of the car), e.g. a banking crisis; (2) a software failure, which is a...
Persistent link: https://www.econbiz.de/10014206126
and a rent-seeking Leviathan government. Key insights are: (1) Effects on any generation alive when change takes place may …
Persistent link: https://www.econbiz.de/10014056500
Persistent link: https://www.econbiz.de/10003425112
Persistent link: https://www.econbiz.de/10003425118
political economics. The more fragmented a government, the higher its spending, deficits and debt. In this paper we investigate … constitutional rules for executive and legislation as well as budget rules shape the size of government and how the different rules … interact with fragmentation in determining government size. The empirical study of the role of fragmented governments for …
Persistent link: https://www.econbiz.de/10011451337
Persistent link: https://www.econbiz.de/10000841866