A Synthesis of Empirical Research on the Impact of Government onLong‐Run Growth

Poot, Jacques

doi:10.1111/0017-4815.00143

Cited by 65 publications

(56 citation statements)

References 39 publications

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“…NOTES 1. A similar conclusion has been found in the empirical literature addressing the more general relationship between government activities and economic growth (Poot 2000).…”

Section: Resultssupporting

confidence: 85%

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Tax Cuts and Employment in New Jersey: Lessons From a Regional Analysis

Reed¹,

Rogers

2004

Public Finance Review

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State fiscal policy follows a distinct cyclical pattern. Although tax increases are a typical response to budget shortfalls (often required by balanced budget legislation), tax cuts are offered as an economic stimulant. Academic research, however, offers little guidance regarding such tax policy decisions.Economic theory offers a range of models regarding the growth impacts of changes in state fiscal policy. Tax cuts could stimulate eco-AUTHORS' NOTE: Richard L. Kaluzny, Chief of the Office of Tax Analysis, Department of Treasury of the State of New Jersey, was of great assistance in providing information about tax cuts during the Whitman administration. Kevin Grier, Timothy Dunne, Stephen Ellis, and Stephan Weiler offered insightful questions and comments that contributed to improvements in our analysis. This research was financially supported by the Oklahoma Office of State Finance. In addition, the staff of the Oklahoma Office of State Finance provided insightful feedback at numerous junctures. We are indebted to all these individuals for their valuable assistance. The opinions and conclusions stated in this article are exclusively those of the authors and are not necessarily endorsed by the individuals above or the Oklahoma Office of State Finance.

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“…NOTES 1. A similar conclusion has been found in the empirical literature addressing the more general relationship between government activities and economic growth (Poot 2000).…”

Section: Resultssupporting

confidence: 85%

“…Endogeneity arises because states tend to raise (lower) taxes in poor (good) economic times. To resolve the inherent estimation problems, Poot (2000) and others have called for studies that "rely on natural 'experiments'-studies that observe how similar local economies . .…”

mentioning

confidence: 99%

Tax Cuts and Employment in New Jersey: Lessons From a Regional Analysis

Reed¹,

Rogers

2004

Public Finance Review

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“…(ii) The use of fiscal instrument like income taxes and transfer payments which can lead to more equitable redistribution of income (iii) Government often acts as facilitator in the markets with asymmetric and imperfect information (Poot, 2000).…”

Section: Literature Reviewmentioning

confidence: 99%

A Vector Error Correction Modeling of Security Spending and Economic Growth in Nigeria

Oriavwote

Eshenake²

2013

AFR

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The study has been on the impact of security expenditure on the level of economic growth in Nigeria. Using data covering the period between 1980 and 2010, the ECM result shows that the expenditure on defence has a negative impact on the level of economic growth. An indication of flawed expenditure budgeting and implementation in the defence sector. Expenditure on internal security played important role in generating the desired level of economic growth in Nigeria. The low elasticity indicates that the significance was below expectations. The result of the variance decomposition shows that the shocks to expenditure on defense did not significantly explain the changes in the level of economic growth in Nigeria. Expenditure on internal security however played a role in influencing the level of economic growth in Nigeria. The result of the Johansen cointegration test shows a long run relationship among the variables and the error correction result shows a satisfactory speed of adjustment. It is thus recommended that government should reassess the content of her defense expenditure and make it more transparent and growth oriented.

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“…Varios autores encontraron, en sus estudios, que los gastos del gobierno en infraestructura, defensa, orden público y seguridad tienen un impacto positivo en el crecimiento económico (Easterly y Rebello, 1993;Cashin, 1995;Kneller, Bleaney y Gemmel, 1999;Poot, 2000;Afonso y Alerge, 2007;Benos, 2004Benos, , 2009). Además, los gastos gubernamentales en generación de capital humano, como son educación, salud, vivienda, recreación y cultura; no tienen un impacto significativo sobre el crecimiento.…”

Section: -Introducciónunclassified

Analysis of the Mexican Tax Reform for the First Quarter of 2014

Gamiño¹,

Gutiérrez²,

Jiménez³

et al. 2015

dege

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El presente artículo tiene como objetivo analizar la Reforma Fiscal Tributaria mexicana para el primer trimestre del 2014, uno de los instrumentos de Política Hacendaria de Primer Orden por la función recaudatoria que se le ha conferido y por ser una de las principales fuentes generadoras de ingresos del país, además sirve como base para la determinación del presupuesto anual del Gasto Público que se ejerce. La investigación es de tipo exploratorio, con un diseño no experimental longitudinal o evolutivo, soportado en medios digitales e impresos, auxiliado en indicadores existentes. Su naturaleza cuantitativa llevó el proceso a la codificación. Concluyendo: se requiere de una Reforma Fiscal profunda, planeada, que contemple la mayoría de los escenarios en los cuales se equilibren las finanzas públicas a la par con los micro y macro indicadores, que se vean reflejados tanto en el ingreso económico de los hogares como en las grandes empresas pasando por las pymes y mipymes del país, que son las que hacen mover la economía; por lo que el arranque de las Reformas en México se ha quedado corto respecto a las expectativas que se anunciaron y se observa un panorama por demás sombrío.Palabras clave: Política Fiscal, Economía Pública, Finanzas Públicas, Impuestos inducidos. ABSTRACTThe main objective of this paper is to analyze the Mexican Tax Reform during the first trimester 2014. One of the main instruments of Financial Policy, and first government priority, is that of Political Tax, due to the collection function that is conferred to it, which must be one of the main income sources of the country, which also serves as a base for the determination of the annual public expenditure budget. The research is of the exploratory type, with a non-experimental design, longitudinal or progressive, based on electronic and printed documents, supported with existing indexes .Its quantitative nature permitted the codification process. As a conclusion, it is required a deep and duly planned Tax Reform that includes a great deal of aspects in which the public finance be balanced at par with micro and macro indicators that see household income reflected as well as the income of large companies ,passing through the country's SMEs and SMEs who are the ones that make the economy move, so the start of reforms in Mexico has fallen short of expectations where a grim future ahead can be foreseen.

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A Synthesis of Empirical Research on the Impact of Government onLong‐Run Growth

Cited by 65 publications

References 39 publications

Tax Cuts and Employment in New Jersey: Lessons From a Regional Analysis

Tax Cuts and Employment in New Jersey: Lessons From a Regional Analysis

A Vector Error Correction Modeling of Security Spending and Economic Growth in Nigeria

Analysis of the Mexican Tax Reform for the First Quarter of 2014

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