Dushko, Josheski and Darko, Lazarov and Cane, Koteski (2011): Analysis of the optimal size of the government consumption.
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The aim of this paper is to investigate the size of the government in 12 OECD countries. Data are gathered from Penn Tables. Clustered robust OLS estimation techniques have been used. The functional form is quadratic is been used, to determine the point where the size of the government is optimal. Government consumption has been used as a proxy variable for government size.
|Item Type:||MPRA Paper|
|Original Title:||Analysis of the optimal size of the government consumption|
|English Title:||Analysis of the optimal size of the government consumption|
|Keywords:||Government size, Clustered robust OLS, quadratic equation, Armey curve|
|Subjects:||E - Macroeconomics and Monetary Economics > E0 - General > E02 - Institutions and the Macroeconomy
H - Public Economics > H0 - General
|Depositing User:||DJ Josheski|
|Date Deposited:||07. Jul 2011 08:03|
|Last Modified:||17. Feb 2013 22:32|
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