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Government size and economic growth in Greece: A smooth transition approach

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Figure

Figure 1: The Armey Curve
Figure 2: The plot of the GDP growth rate (EG) and general government consumption expenditure as a share of GDP (GS)
Figure 3: Transition function as a function of the transition variable. Notice that observations are shown by the circles and each circle might corresponds to more than one observation
Figure 4: Transition function as a function of observations. Each observation is shown by a circle
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