Human development and the optimal size of government
Previous studies have found evidence for an optimal size of government with respect to GDP growth. In this paper, I look at the impact of the size of government consumption expenditures on social welfare as measured by the Human Development Index. Utilizing dynamic GMM estimation in a panel data framework, I find that evidence for an optimal size of government with respect to social welfare.
Year of publication: |
2009
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Authors: | Davies, Antony |
Published in: |
Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics). - Elsevier, ISSN 2214-8043. - Vol. 38.2009, 2, p. 326-330
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Publisher: |
Elsevier |
Keywords: | Human Development Index (HDI) Optimal Size Government |
Saved in:
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