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Government Size and Output Growth: the Effects of “Averaging out”

✍ Scribed by André Varella Mollick; René Cabral


Book ID
110942817
Publisher
John Wiley and Sons
Year
2011
Tongue
English
Weight
151 KB
Volume
64
Category
Article
ISSN
0023-5962

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✍ André Varella Mollick; René Cabral 📂 Article 📅 2011 🏛 John Wiley and Sons 🌐 English ⚖ 151 KB

Panel data studies typically average out the error terms to be five calendar years apart such that they are less influenced by business cycle fluctuations. What are the implications of this treatment for the effects of a highly controversial forcing variable in growth models such as the ratio of gov