Does Public Expenditure Display the Characteristics of Government Reactions to the State of the Economy

John Loizides and G. Vamvoukas

Athens University of Economics and Business from Athens University of Economics and Business, Department of International and European Economic Studies

Abstract: The objective of the study is to inquest the nature and direction of causality among public sector size, economic growth and macroeconomic state of the economy.

Keywords: PUBLIC SECTOR; ECONOMIC GROWTH (search for similar items in EconPapers)
JEL-codes: H40 H41 O47 (search for similar items in EconPapers)
Date: 1997

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