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Growth Effects of Governmental Policies: A Comparative Analysis in a Multi-Country Context

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Author Info
Martijn R.E. Brons

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Abstract

The potential interactions among governmental policies, investments andeconomic growth are complex and manifold. This paper will perform a systematic comparative analysis of the various economic insights that are currently available on these complex relationships, both theoretically (by a selective literature review) and empirically (by reviewing the empirically obtained insights). Despite the wide variety of potential theoretical relationshipsbetween government expenditures, taxation and growth, most empirical analyses are restricted to simple linear regressions of growth on some measure of government expenditures. We will indicate directions for future empirical research that may enrich our knowledge about the complex relationship between fiscal policies and economic growth, not only nationally but also regionally. Copyright 2000 Gatton College of Business and Economics, University of Kentucky.

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File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/0017-4815.00144
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Publisher Info
Article provided by Gatton College of Business and Economics, University of Kentucky in its journal Growth and Change.

Volume (Year): 31 (2000)
Issue (Month): 4 ()
Pages: 547-572
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Handle: RePEc:bla:growch:v:31:y:2000:i:4:p:547-572

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  1. Nikos Benos, . "Fiscal Policy and Economic Growth: Empirical Evidence from OECD," University of Cyprus Working Papers in Economics 1-2005, University of Cyprus Department of Economics. [Downloadable!]
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