Government Size and Growth: A Rejoinder
Author
Summary, in English
In our 2011 survey of the literature in the Journal of Economic Surveys on the effect of government size on economic growth in wealthy countries we find a relatively consistent pattern: An increase in government size by 10 percentage points is associated with a 0.5–1 percentage point lower annual growth rate. This conclusion is questioned by Colombier. In this rejoinder we present a rebuttal of Colombier's argument based on a detailed scrutiny of his own statistical evidence and regression results. Furthermore, we note that several new papers that have appeared since our original paper was published give support to our main conclusion.
Publishing year
2016
Language
English
Pages
393-393
Publication/Series
Journal of Economic Surveys
Volume
30
Issue
2
Document type
Journal article
Publisher
John Wiley & Sons Inc.
Topic
- Economics
Status
Published
ISBN/ISSN/Other
- ISSN: 0950-0804