Expenditures on Collective and Individual Services: Discussion on the Classification of Government Expenditures with Regard to their Inclusion into Growth Models
The aim of this paper is to examine the effects of government expenditures on long-run economic growth in developed countries using their different breakdown. Empirical analysis is performed for a panel of 34 OECD countries in the period 2000-2012. Above all, the results support the idea that conclu...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Sciendo
2015-02-01
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Series: | Danube |
Subjects: | |
Online Access: | https://doi.org/10.2478/danb-2014-0016 |