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.

Sprache
Englisch

Erschienen in
Series: Cardiff Economics Working Papers ; No. E2007/12

Klassifikation
Wirtschaft
One, Two, and Multisector Growth Models
Comparative Studies of Countries
Model Evaluation, Validation, and Selection
Thema
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

Ereignis
Geistige Schöpfung
(wer)
Minford, Patrick
Meenagh, David
Wang, Jiang
Ereignis
Veröffentlichung
(wer)
Cardiff University, Cardiff Business School
(wo)
Cardiff
(wann)
2007

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
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Objekttyp

  • Arbeitspapier

Beteiligte

  • Minford, Patrick
  • Meenagh, David
  • Wang, Jiang
  • Cardiff University, Cardiff Business School

Entstanden

  • 2007

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