Arbeitspapier
Growth and relative living standards: Testing barriers to riches on post-war panel data
The effect of business tax and regulation on growth, together with potential effects of government spending on education and R&D, is embodied in a model of a small open economy with growth choices. The structural model is estimated on post-war panel data for 76 countries and the bootstrap is used to produce the modelís sampling variation for the analysis of panel regressions of growth. Statistical rejection can occur at either the structural or the growth regression stage. The models featuring government spending on education and R&D are rejected while that with business taxation is accepted.
- Language
-
Englisch
- Bibliographic citation
-
Series: Cardiff Economics Working Papers ; No. E2007/12
- Classification
-
Wirtschaft
One, Two, and Multisector Growth Models
Comparative Studies of Countries
Model Evaluation, Validation, and Selection
- Subject
-
growth
living standards
business regulation
business taxation
public education
government R&D
structural model
bootstrap testing
Wirtschaftswachstum
Lebensstandard
Forschungs- und Technologiepolitik
Regulierung
Steuerpolitik
Ökonometrisches Modell
Welt
- Event
-
Geistige Schöpfung
- (who)
-
Minford, Patrick
Meenagh, David
Wang, Jiang
- Event
-
Veröffentlichung
- (who)
-
Cardiff University, Cardiff Business School
- (where)
-
Cardiff
- (when)
-
2007
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Minford, Patrick
- Meenagh, David
- Wang, Jiang
- Cardiff University, Cardiff Business School
Time of origin
- 2007
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