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

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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...

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Bibliographic Details
Main Authors:	Richard, Kneller, Norman, Gemmell, Ismael, Sanz
Format:	Article
Published:	Wiley 2015
Subjects:	government expenditure composition fiscal policy GDP
Online Access:	https://eprints.nottingham.ac.uk/30878/

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