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Does Public Expenditure Display the Characteristics of Government Reactions to the State of the Economy

Author

Listed:
  • Loizides, J.
  • Vamvoukas, G.

Abstract

The objective of the study is to inquest the nature and direction of causality among public sector size, economic growth and macroeconomic state of the economy.

Suggested Citation

  • Loizides, J. & Vamvoukas, G., 1997. "Does Public Expenditure Display the Characteristics of Government Reactions to the State of the Economy," DEOS Working Papers 97-11, Athens University of Economics and Business.
  • Handle: RePEc:aue:wpaper:97-11
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    References listed on IDEAS

    as
    1. Lockwood, B. & Philippopoulos, A., 1997. "Politics and Fiscal Policy," Athens University of Economics and Business 97-04, Athens University of Economics and Business, Department of International and European Economic Studies.
    2. Theodoros Mitrakos & Panos Tsakloglou, 2010. "Analyzing and comparing the impact of alternative concepts of resources in distributional studies: Greece, 2004/5," Working Papers 111, Bank of Greece.
    3. Patrinos, Harry Anthony, 1995. "Socioeconomic background, schooling, experience, ability and monetary rewards in Greece," Economics of Education Review, Elsevier, pages 85-91.
    4. Aaron, Henry & McGuire, Martin, 1970. "Public Goods and Income Distribution," Econometrica, Econometric Society, pages 907-920.
    5. Tsakloglou, Panos, 1993. "Aspects of inequality in Greece : Measurement, decomposition and intertemporal change: 1974, 1982," Journal of Development Economics, Elsevier, pages 53-74.
    6. Tsakloglou, Panos & Antoninis, Manos, 1999. "On the distributional impact of public education: evidence from Greece," Economics of Education Review, Elsevier, pages 439-452.
    7. Tsakloglou, Panos & Antoninis, Manos, 1999. "On the distributional impact of public education: evidence from Greece," Economics of Education Review, Elsevier, pages 439-452.
    8. Psacharopoulos, George, 1982. "Earnings and education in Greece, 1960–1977," European Economic Review, Elsevier, pages 333-347.
    9. Jimenez, Emmanuel, 1986. "The Public Subsidization of Education and Health in Developing Countries: A Review of Equity and Efficiency," World Bank Research Observer, World Bank Group, pages 111-129.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    PUBLIC SECTOR ; ECONOMIC GROWTH;

    JEL classification:

    • H40 - Public Economics - - Publicly Provided Goods - - - General
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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