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Political Entrenchment and GDP Misreporting

Chan, Ho Fai - 2019

By examining discrepancies between officially reported GDP growth figures and the actual economic growth implied by … satellite-based night time light (NTL) density, we investigate whether democracies manipulate officially reported GDP figures … the incumbent. These results are robust to allowing the elasticity of official GDP statistics to NTL to be country …

Persistent link: https://www.econbiz.de/10012866391

Sectoral Okun's Law and Cross-Country Cyclical Differences

Goto, Eiji - 2020

We estimate Okun's law, the negative relationship between output and the unemployment rate, at the sector level for the US, the UK, Japan, and Switzerland to test several hypotheses that may explain why the aggregate Okun's coeffcients are different across countries. Specifically, we show that...

Persistent link: https://www.econbiz.de/10012841145

The Contribution of Human Capital and its Policies to Per Capita Income in Europe and the OECD

Égert, Balázs; Botev, Jarmila; Turner, David - 2021

This paper studies empirically the effect of education policies on human capital and per capita income. The results suggest for European and OECD countries that higher attendance at pre-primary education, greater autonomy of schools and universities, a lower student-to-teacher ratio, higher age...

Persistent link: https://www.econbiz.de/10013314766

Quarterly GDP Estimates for the German States : New Data for Business Cycle Analyses and Long-Run Dynamics

Lehmann, Robert; Wikman, Ida - 2023

calculate quarterly regional GDP estimates for the period between 1995 to 2021, thereby improving the regional database for …

Persistent link: https://www.econbiz.de/10014260700

Public Expenditure Spillovers : An Explanation for Heterogeneous Tax Reaction Functions

Levaggi, Rosella - 2019

This article provides a possible explanation for the heterogeneity of tax reaction functions under tax competition. In particular, we assume the existence of three jurisdictions, i, j and z, as well as of spillovers. Given this simple framework, we show that if jurisdictions compete to attract...

Persistent link: https://www.econbiz.de/10012892282

Government Spending and Tax Revenue Decentralization and Public Sector Efficiency : Do Natural Disasters Matter?

Afonso, António; Jalles, João Tovar; Venâncio, Ana - 2023

We assess notably how do extreme events affect the public sector efficiency of decentralized governance. Hence, we empirically link the public sector efficiency scores, to tax revenue and spending decentralization. First, we compute government spending efficiency scores via data envelopment...

Persistent link: https://www.econbiz.de/10014356487

Trade Tariff, Wage Gap and Public Spending

Giuranno, Michele - 2019

This paper studies the interplay between the wage gap and government spending in a small open economy facing a shock in trade policy. We consider a specific factor model with an export sector, which uses skilled labour, and an import-competing sector, which uses unskilled labour. We find the...

Persistent link: https://www.econbiz.de/10012861427

Beliefs About Public Debt and the Demand for Government Spending

Roth, Christopher - 2020

We examine how beliefs about the debt-to-GDP ratio affect people's attitudes towards government spending and taxation … respondents with information about the debt-to-GDP ratio in the US. Based on a total of more than 4,000 respondents, we find that … most people underestimate the debt-to-GDP ratio and reduce their support for government spending once they learn about the …

Persistent link: https://www.econbiz.de/10012841737

Forecasting GDP All Over the World Using Leading Indicators Based on Comprehensive Survey Data

Garnitz, Johanna - 2019

growth of Gross Domestic Product (GDP) in 44 countries and three country aggregates separately. We come up with three major …

Persistent link: https://www.econbiz.de/10012867868

Double-Counting of Investment

Barro, Robert J. - 2019

for consumption, the double-counting issue implies over-statement of levels of GDP and national income. There is also …

Persistent link: https://www.econbiz.de/10012866405