Test evidence for the OECD countries, 196585

Test evidence for the OECD countries, 196585

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 196585. Single and multiple equationmodels of economic growth...

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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.
Format: Artikel
Sprache:eng
Schlagworte:
Macroeconomics
Organization for Economic Cooperation and Development
Privatization
Public companies
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Beschreibung
Zusammenfassung: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 196585. Single and multiple equationmodels 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.
ISSN:0306-8293
DOI:10.1108/03068299510079821