[PDF] Top 20 Optimal size of government and economic growth in EU 27

... the Government sizes by per- centage that allows to have a maximum GDP growth ...GDP growth has to be considered, together with the question of present versus future ...the size but also the ... See full document

... the size of government on ...of government size on economic growth in Indonesia shows that government size tends to have negative effects on economic ...the ... See full document

... of government such as the protection of individuals and their property and the operation of a legal system to resolve disputes should enhance economic ...enhance growth through efficient provision of ... See full document

... a size of the government and the economic growth and estimates the optimal size of the government for Turkey by using two different ...the optimal size of ... See full document

... of government size and economic growth assuming that an inverted-U relationship exists between the scale of government and ...of government in the market is not occasional or ... See full document

... (p=0.0670).Government size as percentage of GDP is negatively correlated with the growth of real GDP per capita (if the share of the government consumption as a percentage to GDP increases by ... See full document

... the optimal size of government is ...the government spending and the economic ...the government spend- ing on capital formation has a signi…cant and positive e¤ect on the ... See full document

... between government size and economic growth has traditionally been a well debated topic in ...higher government size is associated with accelerated economic growth ... See full document

... government size like country size, economic growth, Wagner’s law, urbanization and family size and estimated optimum government size for 23 OEDC countries using ... See full document

... optimum government size in the 77 OECD and African countries to be ...optimum government size in the panel of OECD and Africa is at variance with about 20% of the GDP for USA by Grossman ... See full document

... in economic literatures, there are different views and opinions about government's presence in economic ...big government which was supported by physiocrat and classical schools, b) small ... See full document

... between economic growth and government size is not a fresh topic in not only academic field but also policy ...GDP growth and an increase in government spending in almost ... See full document

... Trust is considered to carry the advantage that transaction costs are reduced in a long-term transaction network based on trust; something that can be seen in the subcontract system in the Japanese manufacturing industry ... See full document

... Table 1 present the descriptive statistics. From the result, it is observed that a higher level of consistency is displayed by the variables in that the median and mean values have val- ues that lie between the maximum ... See full document

... By using DEA, Kumar and Russell (2002) constructed a cross-country data set by decomposing labor-productivity growth into three components. They conducted a simple OLS regression model where the independent ... See full document

... societies government has a deep role including setting rules and laws, defending against external forces, supplying public goods and services, providing infrastructure, providing security and justice, and ... See full document

... of growth models, Bond and others (2001), recommended the use of so called System-GMM estimator (Blundell and Bond 1998), which uses the information contained in the initial conditions to generate efficient ... See full document

... be growth-inhibiting in any ...and economic growth (Barro, 1990, 1979; Saint-Paul, 1992; Aizenman et ...positive growth impacts of debt are also likely but only under special conditions ... See full document

... the growth effects of trade barriers, Dhawan and Biswal [9] find that trade barriers are positively and, in most specifications, significantly associated with ...the growth in GDP and terms of trade to the ... See full document

... Economic factors are captured by incorporating INCOM, POP and GINI as independent variables. Above all, INCOM is included to empirically test the presumption derived from the traditional economic theory ... See full document