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Interest Groups, Public Expenditure, and Economic Growth: An Empirical Investigation

김상헌|김은지
서울대학교행정대학원 (gspa(graduate school of public administration seoul national university))|2011.12|Journal of Policy Studies|제26권 제3호|pp. 147-159

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참고문헌

키워드

economic growth경제성장정부지출interest groups이익집단public expenditure
주제분류정책학

초록

Although many studies have dealt with the relationship between government expenditure and economic growth, none has been able to pinpoint its exact nature. Recently, however, new efforts have been made to find new factors or variables that moderate the relationship. This paper investigates a new moderating variable, interest group activity, as suggested by Kim (forthcoming). According to cross-country data analysis, the interaction term between government expenditure and interest group activity plays a significant role. Government expenditure has been estimated to have a positive effect on economic growth when interest groups are inactive, and a negative impact on growth when interest groups are active.

Abstract

Although many studies have dealt with the relationship between government expenditure and economic growth, none has been able to pinpoint its exact nature. Recently, however, new efforts have been made to find new factors or variables that moderate the relationship. This paper investigates a new moderating variable, interest group activity, as suggested by Kim (forthcoming). According to cross-country data analysis, the interaction term between government expenditure and interest group activity plays a significant role. Government expenditure has been estimated to have a positive effect on economic growth when interest groups are inactive, and a negative impact on growth when interest groups are active.

참고문헌 (37)

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