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Causality for the government budget and economic growth
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Autores
Orientador(es)
Resumo(s)
We use a panel of 155 countries for 1970-2010 to study (two-way) causality between government spending, revenue and growth. Our results suggest the existence of weak evidence supporting causality from expenditures or revenues to GDP per capita and provide evidence supporting Wagner’s Law.
Descrição
Palavras-chave
Government Expenditures Goverment Revenues Panel Causality GMM
Contexto Educativo
Citação
Afonso, António e João Tovar Jalles. 2014. "Causality for the government budget and economic growth". Instituto Superior de Economia e Gestão. DE Working papers nº 7-2014/DE/UECE
Editora
ISEG – Departamento de Economia