Decomposition of the effect of government size on growth
Government size having a negative effect on growth mainly through hampering capital accumulation is indicated from empirical results through a fixed effects regression model. The negative effect of government size on capital accumulation persists for non-OECD countries but not for OECD countries.
Year of publication: |
2011
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Authors: | Yamamura, Eiji |
Published in: |
Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 112.2011, 3, p. 230-232
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Publisher: |
Elsevier |
Keywords: | Government size Efficiency improvement Capital accumulation Fixed effects |
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