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Government size, composition, volatility and economic growth

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Resumo:This paper analyses the effects in terms of size and volatility of government revenue and spending on growth in OECD and EU countries. The results of the paper suggest that both variables are detrimental to growth. In particular, looking more closely at the effect of each component of government revenue and spending, the results point out that i) indirect taxes (size and volatility); ii) social contributions (size and volatility); iii) government consumption (size and volatility); iv) subsidies (size); and v) government investment (volatility) have a sizeable, negative and statistically significant effect on growth.
Autores principais:Afonso, António
Outros Autores:Furceri, Davide
Assunto:Fiscal Policy Government Size Fiscal Volatility Economic Growth
Ano:2010
País:Portugal
Tipo de documento:artigo
Tipo de acesso:acesso aberto
Instituição associada:Universidade de Lisboa
Idioma:inglês
Origem:Repositório da Universidade de Lisboa
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author Afonso, António
author2 Furceri, Davide
author2_role author
author_facet Afonso, António
Furceri, Davide
author_role author
contributor_name_str_mv Repositório Científico de Acesso Aberto da ULisboa
country_str PT
creators_json_txt [{\"Person.name\":\"Afonso, António\"},{\"Person.name\":\"Furceri, Davide\"}]
datacite.contributors.contributor.contributorName.fl_str_mv Repositório Científico de Acesso Aberto da ULisboa
datacite.creators.creator.creatorName.fl_str_mv Afonso, António
Furceri, Davide
datacite.date.Accepted.fl_str_mv 2010-01-01T00:00:00Z
datacite.date.available.fl_str_mv 2022-09-26T15:26:31Z
datacite.date.embargoed.fl_str_mv 2022-09-26T15:26:31Z
datacite.rights.fl_str_mv http://purl.org/coar/access_right/c_abf2
datacite.subjects.subject.fl_str_mv Fiscal Policy
Government Size
Fiscal Volatility
Economic Growth
datacite.titles.title.fl_str_mv Government size, composition, volatility and economic growth
dc.contributor.none.fl_str_mv Repositório Científico de Acesso Aberto da ULisboa
dc.creator.none.fl_str_mv Afonso, António
Furceri, Davide
dc.date.Accepted.fl_str_mv 2010-01-01T00:00:00Z
dc.date.available.fl_str_mv 2022-09-26T15:26:31Z
dc.date.embargoed.fl_str_mv 2022-09-26T15:26:31Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv http://hdl.handle.net/10400.5/25601
dc.language.none.fl_str_mv eng
dc.publisher.none.fl_str_mv Elsevier
dc.rights.none.fl_str_mv http://purl.org/coar/access_right/c_abf2
dc.subject.none.fl_str_mv Fiscal Policy
Government Size
Fiscal Volatility
Economic Growth
dc.title.fl_str_mv Government size, composition, volatility and economic growth
dc.type.none.fl_str_mv http://purl.org/coar/resource_type/c_6501
description This paper analyses the effects in terms of size and volatility of government revenue and spending on growth in OECD and EU countries. The results of the paper suggest that both variables are detrimental to growth. In particular, looking more closely at the effect of each component of government revenue and spending, the results point out that i) indirect taxes (size and volatility); ii) social contributions (size and volatility); iii) government consumption (size and volatility); iv) subsidies (size); and v) government investment (volatility) have a sizeable, negative and statistically significant effect on growth.
dirty 0
eu_rights_str_mv openAccess
format article
fulltext.url.fl_str_mv https://repositorio.ulisboa.pt/bitstreams/b7f6a282-23df-41a3-9985-fbb427c53340/download
id ul_e4441c7e052d399d8908de47ccc48148
identifier.url.fl_str_mv http://hdl.handle.net/10400.5/25601
instacron_str ul
institution Universidade de Lisboa
instname_str Universidade de Lisboa
language eng
network_acronym_str ul
network_name_str Repositório da Universidade de Lisboa
oai_identifier_str oai:repositorio.ulisboa.pt:10400.5/25601
organization_str_mv urn:organizationAcronym:ul
person_str_mv Afonso, António
Furceri, Davide
publishDate 2010
publisher.none.fl_str_mv Elsevier
reponame_str Repositório da Universidade de Lisboa
repository_id_str urn:repositoryAcronym:ul
service_str_mv urn:repositoryAcronym:ul
spelling engElsevierpt_PTThis paper analyses the effects in terms of size and volatility of government revenue and spending on growth in OECD and EU countries. The results of the paper suggest that both variables are detrimental to growth. In particular, looking more closely at the effect of each component of government revenue and spending, the results point out that i) indirect taxes (size and volatility); ii) social contributions (size and volatility); iii) government consumption (size and volatility); iv) subsidies (size); and v) government investment (volatility) have a sizeable, negative and statistically significant effect on growth.application/pdfpt_PTGovernment size, composition, volatility and economic growthAfonso, AntónioFurceri, DavideHostingInstitutionOrganizationalRepositório Científico de Acesso Aberto da ULisboae-mailmailto:repositorio@reitoria.ulisboa.ptrepositorio@reitoria.ulisboa.ptISSNIsPartOf0176-2680DOIIsPartOf10.1016/j.ejpoleco.2010.02.0022022-09-26T15:26:31Z20102010-01-01T00:00:00ZHandlehttp://hdl.handle.net/10400.5/25601http://purl.org/coar/access_right/c_abf2open accessFiscal PolicyGovernment SizeFiscal VolatilityEconomic Growth265601 bytesliteraturehttp://purl.org/coar/resource_type/c_6501journal articlehttp://purl.org/coar/access_right/c_abf2application/pdffulltexthttps://repositorio.ulisboa.pt/bitstreams/b7f6a282-23df-41a3-9985-fbb427c53340/download
spellingShingle Government size, composition, volatility and economic growth
Afonso, António
Fiscal Policy
Government Size
Fiscal Volatility
Economic Growth
status SINGLETON
subject.fl_str_mv Fiscal Policy
Government Size
Fiscal Volatility
Economic Growth
title Government size, composition, volatility and economic growth
title_full Government size, composition, volatility and economic growth
title_fullStr Government size, composition, volatility and economic growth
title_full_unstemmed Government size, composition, volatility and economic growth
title_short Government size, composition, volatility and economic growth
title_sort Government size, composition, volatility and economic growth
topic Fiscal Policy
Government Size
Fiscal Volatility
Economic Growth
topic_facet Fiscal Policy
Government Size
Fiscal Volatility
Economic Growth
url http://hdl.handle.net/10400.5/25601
visible 1