DSpace Repository

Government Size, Fiscal Policy and the Level and Growth of Output: A Review of Recent Evidence

Show simple item record

dc.contributor.author Gemmell, Norman
dc.contributor.author Au, Joey
dc.date.accessioned 2013-01-08T21:00:05Z
dc.date.accessioned 2022-07-05T02:44:28Z
dc.date.available 2013-01-08T21:00:05Z
dc.date.available 2022-07-05T02:44:28Z
dc.date.copyright 2012
dc.date.issued 2012
dc.identifier.uri https://ir.wgtn.ac.nz/handle/123456789/18755
dc.description.abstract Theoretical developments, improved methodologies and more extensive data have helped generate a dramatic increase in the literature testing for the impact of government size and fiscal policy on economic growth in recent years. We review a range of the more recent evidence and examine (1) the consistency or robustness of the results; (2) how these results differ from the earlier literature and (3) their usefulness as a guide to policy reform in practice. We find that the last decade has produced more robust evidence and more plausible orders of magnitude on the impact of fiscal policy on growth. However, the value of this evidence remains limited as a basis for quantifying macroeconomic responses to fiscal policy reform in practice. en_NZ
dc.format pdf en_NZ
dc.language.iso en_NZ
dc.publisher Te Herenga Waka—Victoria University of Wellington en_NZ
dc.relation.ispartofseries Working Papers in Public Finance en_NZ
dc.subject fiscal policy en_NZ
dc.subject government expenditure en_NZ
dc.subject taxation en_NZ
dc.subject economic growth en_NZ
dc.title Government Size, Fiscal Policy and the Level and Growth of Output: A Review of Recent Evidence en_NZ
dc.type Text en_NZ
vuwschema.contributor.unit Victoria Business School (Faculty of Commerce) en_NZ
vuwschema.subject.marsden 140202 Economic Development and Growth en_NZ
vuwschema.type.vuw Working or Occasional Paper en_NZ
vuwschema.subject.anzsrcforV2 440703 Economic development policy en_NZ
dc.rights.rightsholder http://www.victoria.ac.nz/vbs en_NZ

Files in this item

This item appears in the following Collection(s)

Show simple item record

Search DSpace


My Account