The literature on the relationship between the size of government and economic growth is
full of seemingly contradictory findings. This conflict is largely explained by variations in …

Most social scientists, policymakers, and citizens who support the welfare state do so in part
because they believe social-welfare programs help to reduce the incidence of poverty. Yet a …

We review the theoretical and empirical evidence on the relation between growth and the
public sector against the background of the current debate on the issue. The evidence is …

Numerous studies have attempted to model the possible factors contributing to universal
growth in public sectors. This paper analyzes one device that appears capable of controlling …

This paper reviews the theoretical and empirical aspects of the relationship between
macroeconomic policies and the long-run rate of growth of GNP. The macroeconomic …

The aim of the present study is twofold. First, we develop a theoretical model which
incorporates the role of institutions in promoting economic growth. The theoretical model …

The empirical relationship between government spending and private investment is
examined, using a panel of 14 OECD countries. The evidence suggests the existence of a …

Summary and conclusions The motives of the state in projecting a more than minimal
presence in the economy may be conceived of as benevolent or malevolent. Whatever the …

The benefits and costs of government suggest an efficient government size. We investigate
efficient government size by analyzing the relation between public spending and real GDP …

This paper examines the impact of the key fiscal variables—taxes, expenditures, and deficits—
on economic growth performance, using a reduced-form model and cross-sectional data for …