Morozumi, Atsuyoshi; Veiga, Francisco José - Núcleo de Investigação em Políticas Económicas … - 2014
This paper examines the role of institutions in the nexus between public spending and economic growth. Using a newly assembled dataset of 80 countries over the 1970-2010 period with disaggregated public spending, we show that only when institutions prompt governments to be accountable to the...