The influence of government size on per capita GDP growth has attracted much interest from scholars during the past two decades. However, despite all the work conducted, there is no consensus among researchers on the importance of government size in affecting economic growth. Some authors find...

Cross-country differences in output persistence are well documented in the literature. Further, Fatás (2000) finds a strong positive correlation between the persistence of fluctuations and long-term average growth rates for a sample that includes the G7 countries and eight additional OECD...

This article investigates the degree of persistence of different inflation rates for the Spanish economy using the Consumer Price Index (CPI) for the aggregate as well as for the regions, provinces and eight groups of goods and services, in addition to the Producer Price Index (PPI) for the...