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The coevolution of trust in government alongside the growth of government is an aspect of research on the latter topic that has not been explored. We consider this coevolution in the context of a political economy model and a public interest view of government growth and incorporate the role of...
Persistent link: https://www.econbiz.de/10012922239
Persistent link: https://www.econbiz.de/10012171491
A feature of post-World War II economic history is the growth in government, paradoxically accompanied by a decline in trust of government. How does a mistrusted institution continue to grow? We utilize key findings in the economics, behavioral, and psychology literatures to develop a model to...
Persistent link: https://www.econbiz.de/10014150900
In the Journal of Political Economy, Rodrik (1998) finds a positive association between the openness of an economy and its government size. He explains this paradox by arguing that government expenditures are used to provide social insurance against the risk of terms of trade shocks that open...
Persistent link: https://www.econbiz.de/10014124530