Arbeitspapier
The bigger the better? Evidence of the effect of government size on life satisfaction around the world
This paper empirically analyzes the question whether government involvement in the economy is conducive or detrimental to life satisfaction in a cross-section of 74 countries. This provides a test of a longstanding dispute between standard neoclassical economic theory, which predicts that government plays an unambiguously positive role for individuals’ quality of life, and public choice theory, that was developed to understand why governments often choose excessive involvement and regulation, thereby harming voters’ quality of life. Our results show that life satisfaction decreases with higher government spending. This negative impact of the government is stronger in countries with a leftwing median voter. It is alleviated by government effectiveness – but only in countries where the state sector is already small.
- Sprache
-
Englisch
- Erschienen in
-
Series: Economics Working Paper Series ; No. 05/44
Klassifikation
Wirtschaft
Thema
Life satisfaction
Government
Regierung
Neue politische Ökonomie
Neoklassische Theorie
Schätzung
Zufriedenheit
Government
Regierung
Neue politische Ökonomie
Neoklassische Theorie
Schätzung
Zufriedenheit
Ereignis
Geistige Schöpfung
(wer)
Bjørnskov, Christian
Dreher, Axel
Fischer, Justina A. V.
Dreher, Axel
Fischer, Justina A. V.
Ereignis
Veröffentlichung
(wer)
ETH Zurich, CER-ETH - Center of Economic Research
(wo)
Zurich
(wann)
2005
- DOI
-
doi:10.3929/ethz-a-005056286
- Handle
- Letzte Aktualisierung
-
20.09.2024, 08:21 MESZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Bjørnskov, Christian
- Dreher, Axel
- Fischer, Justina A. V.
- ETH Zurich, CER-ETH - Center of Economic Research
Entstanden
- 2005
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