S-WoPEc
 
Scandinavian Working Papers in Economics
HomeAboutSeriesSubject/JEL codesAdvanced Search
The Economic Research Institute, Stockholm School of Economics SSE/EFI Working Paper Series in Economics and Finance

No 275:
Growth and Government: Is there a Difference between Developed and Developing Countries?

Tove Strauss

Abstract: We examine the role of government for growth in 64 industrialized and developing countries, considering both expenditure and financing aspects of government. Recognizing that there are differences between the two country groups leading to severe heteroskedasticity, we use weighted least squared estimations. The general conclusion is that the means of financing matters more for growth than do government spending. We find that seigniorage and budget surplus are important for growth in LDCs but not in industrialized countries, while capital revenue matters only in the latter group. Moreover, the level of indebtedness is a negative determinant of growth in LDCs.

Keywords: Growth; government; public expenditure; public financing.; (follow links to similar papers)

JEL-Codes: C21; E62; H63; O40; (follow links to similar papers)

35 pages, October 23, 1998

Before downloading any of the electronic versions below you should read our statement on copyright.
Download GhostScript for viewing Postscript files and the Acrobat Reader for viewing and printing pdf files.

Full text versions of the paper:

hastef0275.pdf.zip    PDF-file (zipped) (417kB) 
hastef0275.pdf    PDF-file (890kB) 
hastef0275.ps.zip    PKZipped PostScript (1.34MB) 
hastef0275.ps    PostScript file (3.7MB) 
Download Statistics

Questions (including download problems) about the papers in this series should be directed to Helena Lundin ()
Report other problems with accessing this service to Sune Karlsson () or Helena Lundin ().

Programing by
Design by Joachim Ekebom

Handle: RePEc:hhs:hastef:0275 This page was generated on 2014-12-14 19:22:56