The Effect of Government Size on the Unemployment Rate

The Effect of Government Size on the Unemployment Rate

Recent empirical studies have revealed that the size of government is inversely related to economic growth and technical efficiency. Evidence is presented linking the size of government to reported unemployment rates for the industrial countries during recent years. This finding helps to explain the...

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Bibliographische Detailangaben
Veröffentlicht in:Public choice 1999-06, Vol.99 (3/4), p.395-401
1. Verfasser: Abrams, Burton A.
Format: Artikel
Sprache:eng
Schlagworte:
Economic conditions
Economic growth
Economic growth rate
Economic theory
ECONOMICS
Effects
Efficiency
EMPIRICAL ANALYSIS
EMPLOYMENT
GDP
Government
Government (size)
Government spending
Gross Domestic Product
GROWTH (ALL TYPES)
Macroeconomics
Per capita
Political conditions
Political theory
Population
Private sector
Size
State government
Studies
Tax rates
U.S.A
Unemployment
Unemployment insurance
Unemployment levels
Unemployment rates
United States
Welfare
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Beschreibung
Zusammenfassung:Recent empirical studies have revealed that the size of government is inversely related to economic growth and technical efficiency. Evidence is presented linking the size of government to reported unemployment rates for the industrial countries during recent years. This finding helps to explain the empirical link between government size and poor macroeconomic performance.
ISSN:0048-5829
1573-7101
DOI:10.1023/A:1018349411246