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  • The examination of the non-linear relationship between government spending and economic output [Elektronski vir]
    Pevcin, Primož
    The paper investigates the relationship between economic output, its growth rate and the size of government. As the theory predicts, negative effect of government size on economic output and its ... growth rate should occur where the size of government sector should exist, notion popularised as Armey Curve. Thetime series data estimation of Armey Curve in the sample of 12 European countries suggests that, on average, potentially huge scope exists for general government spending reduction that would possibly have favourable effects on economic output.
    Vrsta gradiva - prispevek na konferenci
    Leto - 2004
    Jezik - angleški
    COBISS.SI-ID - 1962926