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Economic Growth and Government Size

MaysamMusai and Mohsen Mehrara

Journal of Empirical Economics, 2014, vol. 2, issue 1, 19-28

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.

Keywords: Economic Growth; Government’s Size; Government’s Quality; Bayesian Model Averaging (BMA). (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (2)

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