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 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...

Previous studies have established a negative relationship between total government spending and entrepreneurship activity. However, the relationship between the composition of government spending and entrepreneurial activity has been woefully un