Afonso, António; Furceri, Davide - In: European Journal of Political Economy 26 (2010) 4, pp. 517-532
This paper analyses the effects in terms of size and volatility of government revenue and spending on growth in OECD … taxes (size and volatility); ii) social contributions (size and volatility); iii) government consumption (size and … volatility); iv) subsidies (size); and v) government investment (volatility) have a sizeable, negative and statistically …