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Economic Growth and Government Size

Author

Listed:
  • MaysamMusai
  • Mohsen Mehrara

Abstract

Identifying the economic growth affecting variables is of great importance for the policy-makers and economists. In this paper, government’s size and government’s quality variables contributions to economic growth of some of the developing countries had been studied, using Bayesian Model Averaging (BMA) method. The results show that government’s size variable doesn’t affect mentioned developing countries’ economic growth significantly, but, government’s quality variable’s contribution was significant and positive.

Suggested Citation

  • MaysamMusai & Mohsen Mehrara, 2014. "Economic Growth and Government Size," Journal of Empirical Economics, Research Academy of Social Sciences, vol. 2(1), pages 19-28.
    • Handle: RePEc:rss:jnljee:v2i1p3
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    File URL: http://rassweb.org/admin/pages/ResearchPapers/Paper%203_1496872500.pdf
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    References listed on IDEAS

    as
    1. Dale J. Poirier, 1995. "Intermediate Statistics and Econometrics: A Comparative Approach," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262161494, December.
    2. Meller, Patricio, 1989. "Criticisms and suggestions on the cross-conditionality of the IMF and the World Bank," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
    3. Edward N. Gamber & Amy K. S. Scott, 2007. "A Threshold Analysis of the Relationship Between Governance and Growth," International Economic Journal, Taylor & Francis Journals, vol. 21(2), pages 255-278.
    4. Adelman, Irma, 1999. "The Role Of Government In Economic Development," CUDARE Working Papers 25039, University of California, Berkeley, Department of Agricultural and Resource Economics.
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    Cited by:

    1. Marcin Błażejowski & Jacek Kwiatkowski & Jakub Gazda, 2019. "Sources of Economic Growth: A Global Perspective," Sustainability, MDPI, vol. 11(1), pages 1-14, January.

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