This paper examines the effects of public provision of private goods (i.e., non-social government subsidies) to the detriment of government provision of public goods and social subsidies on two key measures of the quality of economic growth: poverty rates and income inequality. We use a new data...

This essay explains the emergence of government failure within an economy and links this type of government failure with market failure. The current framework used to analyze the link between fiscal policy choice and sustainable growth patterns is incomplete in at least two ways. First, previous...

This paper identifies a key feature of the structure of government spending as a determinant of economic growth: the public goods/ private goods expenditure ratio, where public goods are broadly defined as expenditures that mitigate market failure. The paper develops a theoretical and empirical...

Although several studies have found a negative relationship between government spending and entrepreneurship, much debate remains regarding the components of government spending responsible for this association. This paper contributes to the literature by specifically exploring the relationship...