“BARS curve” relates the size of Government (rounded by the share of public expenditure) to economic growth. This paper aims at analyzing the empirical evidence in a 13-EU Member State group, referring to the period 1970-2008, using both time-series techniques and panels. After a brief introduction, a critical survey of the economic literature about this subject is shown; then some specifications of “BARS curve” are estimated, arguing on results. Some concluding remarks about expenditure policies of EU Members conclude the paper.
Magazzino, C. (2010). Dimensioni ottimali dell’operatore pubblico e crescita economica. IL RISPARMIO, 1, 5-33.
Dimensioni ottimali dell’operatore pubblico e crescita economica
MAGAZZINO, COSIMO
2010-01-01
Abstract
“BARS curve” relates the size of Government (rounded by the share of public expenditure) to economic growth. This paper aims at analyzing the empirical evidence in a 13-EU Member State group, referring to the period 1970-2008, using both time-series techniques and panels. After a brief introduction, a critical survey of the economic literature about this subject is shown; then some specifications of “BARS curve” are estimated, arguing on results. Some concluding remarks about expenditure policies of EU Members conclude the paper.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
