The Impact of Fiscal and Other Economic Freedoms on Economic Growth: An Empirical Analysis

被引：0
|
作者：
Cebula, Richard J. [1 ]
Mixon, Franklin G., Jr. [2 ]
机构：
[1] Jacksonville Univ, Davis Coll Business, Jacksonville, FL 32211 USA
[2] Columbus State Univ, D Abbott Turner Coll Business, Columbus, GA 31907 USA
来源：
INTERNATIONAL ADVANCES IN ECONOMIC RESEARCH | 2012年 / 18卷 / 02期
关键词：
Fiscal freedom; Economic freedom; Economic growth;
D O I：
10.1007/s11294-012-9348-1
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This empirical study investigates the impacts on economic growth of reduced fiscal freedom from both the taxing and spending sides. After controlling for nominal long term interest rates, net exports, federal government budget deficits, and other factors, panel two stage least squares estimations using a 4-year panel data set for the OECD nations as a group reveals that reduced fiscal freedom leads to a reduced rate of economic growth; furthermore, it is found that reduced freedom from excessive government size also leads to a reduced rate of economic growth.
引用
收藏
页码：139 / 149
页数：11
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