This paper re-examines the relationship between government size and output volatility from two perspectives. First, we use a wider international data set of 91 countries over the period 1980-1999 and thus not only the OECD data that have thus far been utilized. Second, we also allow for time series aspect by using panel data estimations. We have two new findings. First, the results from OECD co...

In pre-industrial Europe, the pace of economic development and growth varied across territories and over time. Much of this variation was due to the changing impact of government on the economies in question. Government affected the economy principally through its command of violence. We therefore begin by exploring the relationship between violence and economic activity and the relationship be...

The main purpose of the study is to examine the causal relationship between government revenues and expenditures of the Jordan government over the period from 1990 to 2011 using Granger causality and VECM tests methodology. Which provides channels of causation between government revenues (GR) and government expenditures (GE).The empirical results show that bidirectional causality running betwee...

abstractaccording to public choice theory, the features of the tax structure effect on voters' perceptions from the tax burden, so they pay more cost for public goods, lower than the estimate. in this study has been investigated the relationship between tax and public expenditures in the iranian economy during 1360-1390 based on public choice theory to examine the level of government spend...

india is much more integrated with the world economy. both current and capital accounts are complementing to each other. the economic slowdown that appears to have begun in the usa in september, 2008 has some negative impact on indian economy. the most immediate and adverse effect of this global financial crisis on india is an out flow of foreign institutional investment (fii) from the capital ...

america’s invasion to iraq in march 2003 led to the collapsed of the baathist regimewas the beginning of a new era in relationship with iran. the demise of the baathistregime, created a unique opportunity for the islamic republic until expansion thepolitical and cultural power in iraq. iran's influence was evident in officialdiplomatic and cordial relations with the new iraqi government al...