The size of government and U.S.: European differences in economic performance
"An influential strand of recent research has claimed that large governments in European countries explain their weaker long-term economic performance compared to the U.S. On the other hand, despite these alleged costs, large governments have been popular with electorates. This paper seeks to s...
| Main Authors: | , |
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| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Washington, DC
2009
IMF |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19188374124919065569-The-size-of-government-and-u.S.htm |
| _version_ | 1771659897843220481 |
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| author | Bell, Gerwin Tawara, Norikazu |
| author_facet | Bell, Gerwin Tawara, Norikazu |
| collection | Library items |
| description | "An influential strand of recent research has claimed that large governments in European countries explain their weaker long-term economic performance compared to the U.S. On the other hand, despite these alleged costs, large governments have been popular with electorates. This paper seeks to shed light on this apparent inconsistency; it confirms an adverse effect of taxes on labor supply, but also finds evidence of efficiency-increasing government intervention. However, and especially in the core "Rhineland-model" European countries, actual government policies often depart from such efficient interventions, pointing to the possibility that voters prefer redistribution even at the cost of allocational efficiency." |
| format | TEXT |
| geographic | EU countries USA |
| id | 19188374124919065569_2c5757e100094259a078cb3746f5faa2 |
| institution | ETUI-European Trade Union Institute |
| is_hierarchy_id | 19188374124919065569_2c5757e100094259a078cb3746f5faa2 |
| is_hierarchy_title | The size of government and U.S.: European differences in economic performance |
| language | English |
| physical | 51 p. Digital |
| publishDate | 2009 |
| publisher | Washington, DC IMF |
| spellingShingle | Bell, Gerwin Tawara, Norikazu comparison economic growth government policy public finance taxation welfare state labour market policy The size of government and U.S.: European differences in economic performance |
| thumbnail | https://www.labourline.org/Image_prev.jpg?Archive=116566893474 |
| title | The size of government and U.S.: European differences in economic performance |
| topic | comparison economic growth government policy public finance taxation welfare state labour market policy |
| url | https://www.labourline.org/KENTIKA-19188374124919065569-The-size-of-government-and-u.S.htm |