Test evidence for the OECD countries, 1965-85

Examines empirically the proposition that a large public enterprise sector for an economy acts as an obstacle to a healthy rate of economic growth. The empirical analysis concentrates on the experience of the OECD countries for the years 1965-85. Single and multiple equation-models of economic growt...

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Veröffentlicht in:International journal of social economics 1995-03, Vol.22 (3), p.11-23
Hauptverfasser: Fowler, Paul C, Richards, Donald G
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container_title International journal of social economics
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creator Fowler, Paul C
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description Examines empirically the proposition that a large public enterprise sector for an economy acts as an obstacle to a healthy rate of economic growth. The empirical analysis concentrates on the experience of the OECD countries for the years 1965-85. Single and multiple equation-models of economic growth are specified with the size of the public enterprise (PE) sector included as an explanatory variable. In general, the evidence fails to support the hypothesis of a negative relationship between PE and economic growth.
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title Test evidence for the OECD countries, 1965-85
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