search query: @author Gemmell, N. / total: 8
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| Author: | Kneller, R. Bleaney, M. F. Gemmell, N. |
| Title: | Fiscal policy and growth: Evidence from OECD countries |
| Journal: | Journal of Public Economics
1999 : NOV, VOL. 74:2, p. 171-190 |
| Index terms: | Fiscal policy Growth Models Theories OECD |
| Language: | eng |
| Abstract: | Is the evidence consistent with the predictions of endogenous growth models that the structure of taxation and public expenditure can affect the steady-state growth rate? Much previous research needs to be re-evaluated because it ignores biases. In this paper it is specifically found that: 1. distortionary taxation reduces growth, while non-distortionary taxation does not, and 2. productive government expenditure enhances growth, while non-productive expenditure does not. |
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