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Economic performance, government size, and institutional quality
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Autores
Orientador(es)
Resumo(s)
This paper studies the empirical link between government size, institutions
and economic activity using a panel of 140 countries over 40 years. Our
results, robust under different econometric techniques, show mostly a negative effect
of government size on output, while institutional quality has generally a
positive impact. Moreover, the detrimental effect of government size on economic
activity is stronger the lower institutional quality, and the positive effect of institutional
quality on output increases with smaller government sizes
Descrição
Palavras-chave
Production Function Institutions Globalization GMM Pooled Mean Group Common Correlated Effects
Contexto Educativo
Citação
Afonso, António and João Tovar Jalles. (2016)."Economic performance, government size, and institutional quality" .Empirica, Vol. 43, No.1: pp. 83-109.
Editora
Springer Science