Government Consumption Volatility and Country Size

Davide Furceri and Marcos Poplawski-Ribeiro

Working Papers from CEPII research center

Abstract: This paper provides empirical evidence showing that smaller countries tend to have more volatile government consumption for a sample of 160 countries from 1960 to 2000. The analysis also shows that country size is negatively related to the discretionary part of government consumption and to the volatilities of most of government consumption items. The results are robust to different time and country samples, different econometric techniques and to several sets of control variables.

Keywords: Fiscal policy; Governement size; Fiscal volatility; Country size (search for similar items in EconPapers)
JEL-codes: E62 H10 (search for similar items in EconPapers)
Date: 2008-09
New Economics Papers: this item is included in nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:cii:cepidt:2008-17

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