Public spending, political structure and growth: evidence for the Middle East - North Africa in an international perspective / Hamid Mohtadi
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| رقم التسجيلة | 1191 |
| نوع المادة | book |
| رقم الطلب | 336.39 M699p |
| المؤلف | Mohtadi, Hamid |
| العنوان | Public spending, political structure and growth: evidence for the Middle East - North Africa in an international perspective / Hamid Mohtadi |
| بيانات النشر | Cairo, [EGYPT]: Economic Research Forum for the Arab Countries Iran & Turkey, 1995. |
| الوصف المادي | 36p |
| بيان السلسلة | ERF Working papers series | 9506 |
| الملاحظات الببليوجرافية |
Includes bibliographical references |
| المستخلص |
Based on an endogenous model in which government spending responds to lobbying, the effects of spending on growth depend on the size of public 'spillovers' relative to lobbying. The spillover effects are small and lobbying effects large in less democratic societies as informational 'asymmetries' facilitate purely rent-seeking activities. Thus, the growth effects of government spending are fewer the less democratic societies are. Cross-sectional evidence supports this hypothesis in two different samples, when MENA countries are included. Focusing on the MENA group, a larger impact of government spending on growth is found, relative to other developing economies, but not relative to industrial economies. Among the MENA countries evidence partly supports this democracy hypothesis.
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| المواضيع | Debt and public expenditure |
| الواصفات | NORTH AFRICAPUBLIC FINANCEMIDDLE EASTEconomic Research Forum |
| LDR | 00115cam a22002053a 4500 |
| 082 | |a 336.39 M699p |
| 100 | |a Mohtadi, Hamid |
| 245 | |a Public spending, political structure and growth: evidence for the Middle East - North Africa in an international perspective / |c Hamid Mohtadi |
| 260 | |a Cairo |b Economic Research Forum for the Arab Countries Iran & Turkey, |c 1995 |
| 300 | |a 36p |
| 490 | |a ERF Working papers series |v 9506 |
| 504 | |a Includes bibliographical references |
| 520 |
|a Based on an endogenous model in which government spending responds to lobbying, the effects of spending on growth depend on the size of public 'spillovers' relative to lobbying. The spillover effects are small and lobbying effects large in less democratic societies as informational 'asymmetries' facilitate purely rent-seeking activities. Thus, the growth effects of government spending are fewer the less democratic societies are. Cross-sectional evidence supports this hypothesis in two different samples, when MENA countries are included. Focusing on the MENA group, a larger impact of government spending on growth is found, relative to other developing economies, but not relative to industrial economies. Among the MENA countries evidence partly supports this democracy hypothesis.
|
| 600 | |a Debt and public expenditure |
| 650 | |a MIDDLE EAST |
| 650 | |a Economic Research Forum |
| 650 | |a NORTH AFRICA |
| 650 | |a PUBLIC FINANCE |
| 910 | |a libsys:recno,1191 |
| العنوان | الوصف | النص |
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