Economic Growth and Government Size
Journal Title: Journal of Empirical Economics - Year 2014, Vol 2, Issue 1
Abstract
Identifying the economic growth affecting variables is of great importance for the policy-makers and economists. In this paper, government’s size and government’s quality variables contributions to economic growth of some of the developing countries had been studied, using Bayesian Model Averaging (BMA) method. The results show that government’s size variable doesn’t affect mentioned developing countries’ economic growth significantly, but, government’s quality variable’s contribution was significant and positive.
Authors and Affiliations
MaysamMusai, Mohsen Mehrara
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