Size of government and economic growth in the largest Latin American country

被引：12

作者：

de Mendonca, Helder Ferreira ^{[1
,2
]}

Cacicedo, Thiago ^{[3
]}

机构：

[1] Univ Fed Fluminense, Dept Econ, BR-26900000 Rio De Janeiro, Brazil

[2] Natl Council Sci & Technol Dev CNPq, BR-26900000 Rio De Janeiro, Brazil

[3] Univ Fed Rural Rio de Janeiro, Dept Econ, BR-23851970 Rio De Janeiro, Brazil

来源：

APPLIED ECONOMICS LETTERS | 2015年 / 22卷 / 11期

关键词：

O40; E62; C22; government expenditure; economic growth; size of government; Armey curve;

D O I：

10.1080/13504851.2014.987909

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This article provides empirical evidence regarding the effect of the size of government on economic growth in the Brazilian economy for the period from January 2000 to March 2013. In particular, an analysis is conducted to see whether the Armey curve fits well for the Brazilian case and the optimal government size is also estimated. The findings indicate that an increase in the size of government contributes to economic growth and that the optimal size for the Brazilian government would be approximately 22% of GDP. Brazil crossed over this limit in 2005.

引用

页码：904 / 910

页数：7

共 50 条

[31] The Impact of Sustainable Bond Issuances in the Economic Growth of the Latin American and Caribbean Countries
Bernabe Argandona, Lorena Carolina
Cruz Rambaud, Salvador
Lopez Pascual, Joaquin
SUSTAINABILITY, 2022, 14 (08)
[32] Government consumption, government debt and economic growth
Ghourchian, Shahrzad
Yilmazkuday, Hakan
REVIEW OF DEVELOPMENT ECONOMICS, 2020, 24 (02) : 589 - 605
[33] The macroeconomics of the Latin American economic boom
Ocampo, Jose Antonio
CEPAL REVIEW, 2007, (93): : 7 - 28
[34] The correlation between unemployment and economic growth in Latin America - Okun's law estimates by country
Porras-Arena, Maria Sylvina
Martin-Roman, Angel L.
INTERNATIONAL LABOUR REVIEW, 2023, 162 (02) : 171 - 198
[35] Government Size and Stochastic Growth
Lee, Shin-Chyang
Wu, Shang-Fen
Lee, Cheng-Te
AUSTRALIAN ECONOMIC PAPERS, 2017, 56 (03) : 219 - 227
[36] GOVERNMENT EXPENDITURE AND ECONOMIC GROWTH IN THE EUROPEAN UNION: THE ROLE OF GOVERNMENT EXPENDITURE CLASSIFICATION
Machova, Zuzana
Kotlan, Igor
Drobiszova, Agata
INNOVATION, ENTREPRENEURSHIP AND SUSTAINABLE VALUE CHAIN IN A DYNAMIC ENVIRONMENT, 2015, : 1400 - 1410
[37] Self-employment, Knowledge and Economic Growth: An empirical study for Latin American countries
Gonzalez Sanchez, Victor M.
CONTEMPORARY ECONOMICS, 2018, 12 (04) : 473 - 483
[38] FOREIGN INVESTMENT, GOVERNMENT EXPENDITURE, AND ECONOMIC GROWTH IN MALAYSIA
Said, Fatimah
Yusof, Zarinah
Said, Saad Mohd
Osman, Ahmad Farid
INTERNATIONAL JOURNAL OF MANAGEMENT STUDIES, 2010, 17 (01): : 1 - 18
[39] Government expenditure and economic growth in the European Union countries
Dudzeviciute, Gitana
Simelyte, Agne
Liucvaitiene, Ausra
INTERNATIONAL JOURNAL OF SOCIAL ECONOMICS, 2018, 45 (02) : 372 - 386
[40] The optimal government size and economic growth: A comparative study between Malaysia and South Korea
Goh, Han-Hwa
Aznan, Muhammad Syawal Bin Mohd
HELIYON, 2023, 9 (12)

← 1 2 3 4 5 →