Government Consumption Volatility and the Size of Nations
Davide Furceri,
Sinem Kiliç Çelik and
Marcos Poplawski-Ribeiro
FinanzArchiv: Public Finance Analysis, 2016, vol. 72, issue 2, 211-228
Abstract:
This paper analyzes the relation between government consumption volatility and country size. Using an unbalanced sample of 160 countries from 1960 to 2010, it finds that smaller countries have more volatile government consumption. Moreover, while this relation is more negative for more volatile economies, there is also evidence that smaller countries have more volatile government consumption even controlling for the level of volatility in the economy.
Keywords: fiscal policy; government consumption volatility; country size; government size (search for similar items in EconPapers)
JEL-codes: E62 H10 (search for similar items in EconPapers)
Date: 2016
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Working Paper: Government Consumption Volatility and the Size of Nations (2009) 
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Persistent link: https://EconPapers.repec.org/RePEc:mhr:finarc:urn:sici:0015-2218(201606)72:2_211:gcvats_2.0.tx_2-8
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DOI: 10.1628/001522108X14660601438148
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