Journal article
Elasticity of Substitution, Capital Inflow and Government Size
Annals of Economic and Finance, Vol.7(1), pp.145-157
2006
Abstract
A number of recent studies have attempted to identify the determinants of government size. It is well known that the size of government has implications for welfare and economic growth. This paper shows that the size of the fixed cost involving public good provision affects the magnitude of capital inflow induced changes in government size and welfare. By making use of a simulation exercise, it is argued that capital inflow can decrease (increase) the size of government and welfare if the elasticity of substitution is sufficiently large (small).
Details
- Title
- Elasticity of Substitution, Capital Inflow and Government Size
- Authors
- Sajid Anwar (Author) - University of Adelaide
- Publication details
- Annals of Economic and Finance, Vol.7(1), pp.145-157
- Publisher
- Peking University Press
- Date published
- 2006
- ISSN
- 1529-7373
- Organisation Unit
- School of Business and Creative Industries; Indigenous and Transcultural Research Centre; University of the Sunshine Coast, Queensland; USC Business School - Legacy
- Language
- English
- Record Identifier
- 99449708802621
- Output Type
- Journal article
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