We examine the effect of population size on government size for a panel of 130 countries for the period between 1970 … specified, not accounting for cross-sectional dependence, non-stationarity and cointegration as well as parameter heterogeneity …. Using a panel time-series approach that adequately models these issues, we find that population size has a positive long …

consist of current and capital expenditures. To address this question, we employ the VAR model, the Johansen Cointegration …

growth. In part this may reflect the prediction in economic theory that a negative relationship should exist primarily for … rich countries with large public sectors. In this paper an econometric panel study is conducted on a sample of rich …

growth. In part this may reflect the prediction in economic theory that a negative relationship should exist primarily for … rich countries with large public sectors. In this paper an econometric panel study is conducted on a sample of rich … ; Public sector ; Taxation ; Cross-country regressions ; Panel regressions ; Robustness test …

framework of a dynamic panel data model, using two Generalized method of moments (GMM) estimators to address endogeneity of … explanatory variables in estimation. I find a robust significant negative correlation between government size and economic growth … speed is consistent with those obtained from other growth studies using panel data and the implied capital share is close to …

panel data set of 17 developed countries that ranges from 1880 to 2016. The unique feature of the long-time dimension allows … a key shortcoming of panel-data analysis - parameter or individual heterogeneity. Overall, this analysis suggests a …