Bleaney, Michael; Gemmell, Norman; Kneller, Richard - In: Canadian Journal of Economics 34 (2001) 1, pp. 36-57
Endogenous growth models, such as Barro (1990), predict that government expenditure and taxation will have both temporary and permanent effects on growth. We test this prediction using panels of annual and period-averaged data for OECD countries during 1970-95, isolating long-run from short-run...