Does the composition of government expenditure matter for long-run GDP levels?

We examine the long-run GDP impacts of changes in total government expenditure and in the shares of different spending categories for a sample of OECD countries since the 1970s, taking account of methods of financing expenditure changes and possible endogenous relationships. We provide more systemat...

Full description

Bibliographic Details
Main Authors: Richard, Kneller, Norman, Gemmell, Ismael, Sanz
Format: Article
Language:English
Published: Wiley 2015
Online Access:http://eprints.nottingham.ac.uk/30878/
http://eprints.nottingham.ac.uk/30878/
http://eprints.nottingham.ac.uk/30878/
http://eprints.nottingham.ac.uk/30878/8/Last%20version%20OBES.pdf