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Public debt and economic growth : economic systems matter
Ahlborn, Markus; Schweickert, Rainer - 2016
Most studies on the relationship between public debt and economic growth implicitly assume homogeneous debt effects across their samples. We - in accordance with recent literature - challenge this view and state that there likely is a great deal of cross-country heterogeneity in that...
Persistent link: https://www.econbiz.de/10011436881
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Public debt and economic growth : economic systems matter
Ahlborn, Markus; Schweickert, Rainer - 2015
Most studies on the relationship between public debt and economic growth implicity assume homegenous debt effects across their samples. We - in accordance with recent literature - challenge this view and state that there likely is a great deal of cross-country heterogeneity in that relationship....
Persistent link: https://www.econbiz.de/10011392862
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The Impact of Public Budgets on Overall Productivity Growth
Handler, Heinz - 2011
To fulfill their tasks, governments rely on public expenditures and taxes. Both influence the incentives and shape the decisions and actions of private economic agents. As governments resort to both instruments simultaneously, their combined theoretical impact on economic performance is a priori...
Persistent link: https://www.econbiz.de/10013123485
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Warfare, Fiscal Capacity, and Performance
Prado, Mauricio - 2013
We exploit differences in casualties sustained in pre-modern wars to estimate the impact of fiscal capacity on economic performance. In the past, states fought different amounts of external conflicts, of various lengths and magnitudes. To raise the revenues to wage wars, states made fiscal...
Persistent link: https://www.econbiz.de/10013095451
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Wirtschaftliche Entwicklung und Demokratie: ist Demokratie ein Wohlstandsmotor oder ein Wohlstandsprodukt?
Sunde, Uwe - 2006
relationship according to which democracy is a determinant of economic development? Or is it, conversely, economic development that …
Persistent link: https://www.econbiz.de/10010267954
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Wirtschaftliche Entwicklung und Demokratie : ist Demokratie ein Wohlstandsmotor oder ein Wohlstandsprodukt?
Sunde, Uwe (contributor) - 2006
relationship according to which democracy is a determinant of economic development? Or is it, conversely, economic development that …-being. -- democracy ; development ; Lipset hypothesis ; causal effect ; growth ; political institutions …
Persistent link: https://www.econbiz.de/10003464054
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Exploring the Impact of Democratic Capital on Prosperity
Verdon, Lisa L. - 2008
financial and physical capital, it has been suggested that democracy is a necessary but insufficient condition for economic … for 161 countries. The results of this analysis support the idea that democracy acts indirectly through economic freedom … to enhance prosperity. The causal relationships between democracy, economic freedom, and prosperity are self-perpetuating …
Persistent link: https://www.econbiz.de/10012724317
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Public Debt and Economic Growth – Economic Systems Matter
Ahlborn, Markus - 2016
Most studies on the relationship between public debt and economic growth implicitly assume homogeneous debt effects across their samples. We – in accordance with recent literature – challenge this view and state that there likely is a great deal of cross-country heterogeneity in that...
Persistent link: https://www.econbiz.de/10012997680
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Finanzpolitik und Produktionspotential in Deutschland: 1991 -2008
Boss, Alfred - 2009
In recent years, a lot of rules concerning government expenditures as well as tax revenues were changed in Germany. Government expenditures in relation to GDP were reduced, income tax rates were lowered and the budget deficit declined. The structure of government expenditures changed in favor of...
Persistent link: https://www.econbiz.de/10010263551
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"Schlusslicht Deutschland": Was können die Unterschiede in der Finanzpolitik erklären?
Boss, Alfred - 2002
In the nineties, the German economy grew about half a percentage point less than the rest of the European Monetary Union (EMU). The paper deals with differences in fiscal policy as a potential reason for this. At least a part of the “growth gap” between Germany and the rest of the EMU can be...
Persistent link: https://www.econbiz.de/10010265528