Test evidence for the OECD countries, 1965‐85: the relationship between the size of the public enterprise sector and economic growth
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 1995-01, Vol.22 (3), p.11-23 |
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Hauptverfasser: | , |
Format: | Artikel |
Sprache: | eng |
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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 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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ISSN: | 0306-8293 1758-6712 |
DOI: | 10.1108/03068299510079821 |