Optimum Size of Government Intervention

Optimum Size of Government Intervention PDF Author: Ramesh Chandra Das
Publisher: Taylor & Francis
ISBN: 1000417956
Category : Business & Economics
Languages : en
Pages : 250

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Book Description
This book critically examines the optimum range and duration of government interventions in the economic activities of a modern state based on theoretical and empirical frameworks, and assesses their role and extent in various economies. With a special focus on emerging economies across the globe, it discusses themes such as income growth; social sector development; good governance and economic progress; threshold limits; optimum budget policy and economic growth; sustainable distributional managements in public projects; food for work programs; agricultural infrastructure development; technological progress and economic growth; and distributional equities. The policy suggestions provided here offer helpful blueprints for developmental projects. Rich in data and figures, the book addresses sector-specific case studies like healthcare; irrigation and agriculture; infrastructure; taxation and economic growth; and public sector enterprises. It will be an excellent read for scholars and researchers of economics, Indian economics, macroeconomics, political economy, public policy, political science and management, development studies, development economy and governance. It will also be useful to policymakers, administrative officials, and government and corporate bodies.

Optimum Size of Government Intervention

Optimum Size of Government Intervention PDF Author: Ramesh Chandra Das
Publisher: Taylor & Francis
ISBN: 1000417956
Category : Business & Economics
Languages : en
Pages : 250

Get Book Here

Book Description
This book critically examines the optimum range and duration of government interventions in the economic activities of a modern state based on theoretical and empirical frameworks, and assesses their role and extent in various economies. With a special focus on emerging economies across the globe, it discusses themes such as income growth; social sector development; good governance and economic progress; threshold limits; optimum budget policy and economic growth; sustainable distributional managements in public projects; food for work programs; agricultural infrastructure development; technological progress and economic growth; and distributional equities. The policy suggestions provided here offer helpful blueprints for developmental projects. Rich in data and figures, the book addresses sector-specific case studies like healthcare; irrigation and agriculture; infrastructure; taxation and economic growth; and public sector enterprises. It will be an excellent read for scholars and researchers of economics, Indian economics, macroeconomics, political economy, public policy, political science and management, development studies, development economy and governance. It will also be useful to policymakers, administrative officials, and government and corporate bodies.

The Optimal Size of Government

The Optimal Size of Government PDF Author: Philip J. Grossman
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 56

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Book Description


The Size of Government

The Size of Government PDF Author: Václav Rybáček
Publisher:
ISBN: 9781788210102
Category : Austria
Languages : en
Pages : 0

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Book Description
Vaclav Rybacek argues that many studies have underestimated the size of government, leading to erroneous policy recommendations and an unrealistic assessment of a government's ability to meet its debts. Drawing on Austrian economic theory, the book offers a more robust methodology for the measurement of government.

Size and Role of Government

Size and Role of Government PDF Author: Marc Labonte
Publisher: DIANE Publishing
ISBN: 1437937128
Category : Political Science
Languages : en
Pages : 30

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Book Description
The size of gov¿t. has increased significantly since the financial crisis of 2008 as a result of the government¿s unplanned intervention in financial markets and subsequent stimulus legislation. Contents of this report: (1) How Does the Gov¿t. Affect the Economy?; (2) How Large is the Gov¿t.?; (3) Effect of the Gov¿t. on Economic Efficiency: What is a Market Failure?; Public Goods; Common Resources; Monopoly Power; Externalities; Asymmetric Information; Failure to Optimize; How Do Taxes Affect Economic Efficiency?; Balancing Economic Efficiency With Other Goals; (4) Effect of the Gov¿t. on Economic Growth: Effect of Spending, Transfers, Taxes, and Regulation. Charts and tables.

Government Size and Economic Growth

Government Size and Economic Growth PDF Author: Richard K. Vedder
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 20

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Book Description


Government Size, Country Size, Openness and Economic Growth in Selected MENA Countries

Government Size, Country Size, Openness and Economic Growth in Selected MENA Countries PDF Author: Mahmoud Mohamed Sabra
Publisher:
ISBN:
Category :
Languages : en
Pages : 7

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Book Description
Purpose - The purpose of this article is to examine the interconnected relationships between government size, country size, openness and economic growth. In fact, more trade openness increases government size, which lays stabilizer role against external shocks and GDP volatility. More country size leads to lower government share to GDP from one side and less openness from other side, where as per capita expenditure on public goods is lower, and large markets enjoy more productivity and less incentives for large market to increase openness than the small markets. Finally, economic growth and government have a negative relationship if government size exceeds the optimal size. Design/Methodology/Approach - We employ three models, which two of them are using 2SLS technique and the third model is using GMM system analysis to examine these relationships in eight selected MENA countries. Our panel data is for the period from 1977-2013 sourced from the World Development Indicators of the World Bank. Findings - Results prove literature proposed hypotheses for the selected region and period, and show that government share to GDP exceeds the optimal size. Moreover, more growth can be realized through more integration in the world economy.Research Limitations/Implications - Data limitation led to the inclusion of only eight countries of MENA region. We recommend to convert government expenditure to investment and infrastructure instead of social transfer and current expenditure. Furthermore, more studies could be done about the government expenditure structure. In addition, we recommend to minimize government intervention to the market. Finally, growth of government does not improve investment environment or reduce transactions costs, and it crowds out private sector. Originality/Value - This is the first work in MENA region, and using recent econometric techniques in subject according to our knowledge.

Government Expenditure and Economic Growth

Government Expenditure and Economic Growth PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451974159
Category : Business & Economics
Languages : en
Pages : 30

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Book Description
This paper examines the empirical evidence on the contribution that government and, in particular, capital expenditure make to the growth performance of a sample of developing countries. Using the Denison growth accounting approach, this study finds that social expenditures may have a significant impact on growth in the short run, but infrastructure expenditures may have little influence. While current expenditures for directly productive purposes may exert a positive influence, capital expenditure in these sectors appears to exert a negative influence. Experiments with other explanatory variables confirm the importance of the growth of exports to the overall growth rate.

Government Failure Versus Market Failure

Government Failure Versus Market Failure PDF Author: Clifford Winston
Publisher: Brookings Institution Press and AEI
ISBN:
Category : Business & Economics
Languages : en
Pages : 152

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Book Description
When should government intervene in market activity? When is it best to let market forces simply take their natural course? How does existing empirical evidence about government performance inform those decisions? Brookings economist Clifford Winston uses these questions to frame a frank empirical assessment of government economic intervention in Government Failure vs.

International Friction and Cooperation in High-Technology Development and Trade

International Friction and Cooperation in High-Technology Development and Trade PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309057299
Category : Political Science
Languages : en
Pages : 451

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Book Description


How Big Should Our Government Be?

How Big Should Our Government Be? PDF Author: Jon Bakija
Publisher: Univ of California Press
ISBN: 0520962818
Category : Political Science
Languages : en
Pages : 219

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Book Description
The size of government is arguably the most controversial discussion in United States politics, and this issue won't fade from prominence any time soon. There must surely be a tipping point beyond which more government taxing and spending harms the economy, but where is that point? In this accessible book, best-selling authors Jeff Madrick, Jon Bakija, Lane Kenworthy, and Peter Lindert try to answer whether our government can grow any larger and examine how we can optimize growth and fair distribution.