作者
Simona-Gabriela Masca, Simona Nistor, Viorela Ligia Vaidean
发表日期
2019/11/11
期刊
Applied Economics Letters
卷号
26
期号
19
页码范围
1612-1626
出版商
Routledge
简介
Confronted with an economic decline or slower growth rates in crisis and post-crisis periods, CEE governments have searched for new means to re-launch growth. The aim of this work is to evaluate the extent to which government arrangements sustain economic growth in CEECs. The centralized economy legacy and crisis related pressures on public budgets make this objective to be challenging. Results indicate an idiosyncratic relationship between government arrangements and economic growth in CEE countries, compared to other countries. We found that government size is the key piece of government settings in CEE. It exerts a strong negative influence upon growth by reducing total factor productivity. On the other hand, government effectiveness, in spite of its positive evolution, does not represent a relevant CEE growth determinant when considered alone. Public sector quality induces growth only when it …
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