Please use this identifier to cite or link to this item:
http://hdl.handle.net/1893/22998
Appears in Collections: | Economics Journal Articles |
Peer Review Status: | Refereed |
Title: | The impact of government size on economic growth: a threshold analysis |
Author(s): | Asimakopoulos, Stylianos Karavias, Yiannis |
Contact Email: | stylianos.asimakopoulos@stir.ac.uk |
Keywords: | Government size Economic growth Dynamic threshold estimation |
Issue Date: | Feb-2016 |
Date Deposited: | 22-Mar-2016 |
Citation: | Asimakopoulos S & Karavias Y (2016) The impact of government size on economic growth: a threshold analysis. Economics Letters, 139, pp. 65-68. https://doi.org/10.1016/j.econlet.2015.12.010 |
Abstract: | We examine the nature of the relationship between government size and economic growth and identify the optimal level of government size using a large dataset through a novel and very general non-linear panel Generalized Method of Moments approach. We show that this relationship is statistically significant above and below the optimal level, even after splitting our sample to developed and developing countries. Finally, we find an asymmetric impact of government size on economic growth in both developed and developing countries around the estimated threshold. |
DOI Link: | 10.1016/j.econlet.2015.12.010 |
Rights: | This item has been embargoed for a period. During the embargo please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author. You can only request a copy if you wish to use this work for your own research or private study. Accepted refereed manuscript of: Asimakopoulos S & Karavias Y (2016) The impact of government size on economic growth: a threshold analysis, Economics Letters, 139, pp. 65-68. DOI: 10.1016/j.econlet.2015.12.010 © 2016, Elsevier. Licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International http://creativecommons.org/licenses/by-nc-nd/4.0/ |
Licence URL(s): | http://creativecommons.org/licenses/by-nc-nd/4.0/ |
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Threshold_analysis_of_government_spending_18_11_2015.pdf | Fulltext - Accepted Version | 228.09 kB | Adobe PDF | View/Open |
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