Government size, composition, volatility and economic growth

Detalhes bibliográficos
Autor(a) principal: Afonso, António
Data de Publicação: 2008
Outros Autores: Furceri, Davide
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.5/2139
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.
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spelling Government size, composition, volatility and economic growthFiscal PolicyGovernment SizeFiscal VolatilityEconomic GrowthThis 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.European Central BankRepositório da Universidade de LisboaAfonso, AntónioFurceri, Davide2010-06-18T09:20:40Z2008-012008-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/2139engAfonso, António e Davide Furceri . 2008. "Government size, composition, volatility and economic growth". European Central Bank working paper series nº 849-20081725-2806info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-06T14:33:22Zoai:www.repository.utl.pt:10400.5/2139Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T16:50:12.691434Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Government size, composition, volatility and economic growth
title Government size, composition, volatility and economic growth
spellingShingle Government size, composition, volatility and economic growth
Afonso, António
Fiscal Policy
Government Size
Fiscal Volatility
Economic Growth
title_short 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_sort Government size, composition, volatility and economic growth
author Afonso, António
author_facet Afonso, António
Furceri, Davide
author_role author
author2 Furceri, Davide
author2_role author
dc.contributor.none.fl_str_mv Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Afonso, António
Furceri, Davide
dc.subject.por.fl_str_mv Fiscal Policy
Government Size
Fiscal Volatility
Economic Growth
topic Fiscal Policy
Government Size
Fiscal Volatility
Economic Growth
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.
publishDate 2008
dc.date.none.fl_str_mv 2008-01
2008-01-01T00:00:00Z
2010-06-18T09:20:40Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.5/2139
url http://hdl.handle.net/10400.5/2139
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Afonso, António e Davide Furceri . 2008. "Government size, composition, volatility and economic growth". European Central Bank working paper series nº 849-2008
1725-2806
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv European Central Bank
publisher.none.fl_str_mv European Central Bank
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv
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