Government Size and Growth: A Rejoinder

Research output: Contribution to journalArticle

Abstract

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.

Details

Authors
External organisations
  • Research Institute of Industrial Economics
Research areas and keywords

Subject classification (UKÄ) – MANDATORY

  • Economics
Original languageEnglish
Pages (from-to)393
Number of pages296
JournalJournal of Economic Surveys
Volume30
Issue number2
StatePublished - 2016
Publication categoryResearch
Peer-reviewedYes
Externally publishedYes