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We construct a growth model with an explicit government role, where more government resources reduce the optimal level of private consumption and of output per worker. In the empirical analysis, for a panel of 108 countries from 1970-2008, we use different proxies for government size and...
Persistent link: https://www.econbiz.de/10013119076
This study examines the impact of two dimensions of the government, namely, size and quality, on two dimensions of the financial sector, size and efficiency, in a cross section of 71 economies. The study finds that while increased quality of the government as measured by governance and legal...
Persistent link: https://www.econbiz.de/10013157077
We examine the effect of population size on government size for a panel of 130 countries for the period between 1970 and 2014. We show that previous analyses of the nexus between population size and government size are incorrectly specified and fail to consider the influence of cross-sectional...
Persistent link: https://www.econbiz.de/10012889229
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I revisit the relationship between trade and government expenditures in an attempt to extend the work of Rodrik (J Polit Econ 106(5):997-1032, 1998). Several different tests are conducted. The first is a simple replication of Rodrik's benchmark model on an extended dataset. The results here are...
Persistent link: https://www.econbiz.de/10012428424
We examine the effect of population size on government size for a panel of 130 countries for the period between 1970 and 2014. We show that previous analyses of the nexus between population size and government size were incorrectly specified, not accounting for cross-sectional dependence,...
Persistent link: https://www.econbiz.de/10012915805
Persistent link: https://www.econbiz.de/10000863803
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