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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
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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.
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
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