Angelopoulos, Konstantinos (contributor); … - 2005
, Schuknecht and Tanzi (2003). Our regressions show that what really matters to social incentives is the relation between size and … efficiency. Specifically, while a larger size of government is bad for incentives when one ignores efficiency, the results change …, larger public sectors are bad for incentives. By contrast, when efficiency exceeds size, larger public sectors are not bad …