Government Size and Economic Growth in Transition Economies - Sergelen, Battulga
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In recent years there has been substantial empirical work on the relationship between government size and economic growth. However, apart from a few recent studies, this relationship is much less well researched for transition economies. This thesis analyses the relationship between government size and economic growth in 26 transition economies during 1990-2005 by estimating the two-sector growth model of Ram (1986) and panel regressions. The thesis finds a decreasing positive effect of government size on economic growth in these economies. The analysis also confirms that relative factor…mehr

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Produktbeschreibung
In recent years there has been substantial empirical work on the relationship between government size and economic growth. However, apart from a few recent studies, this relationship is much less well researched for transition economies. This thesis analyses the relationship between government size and economic growth in 26 transition economies during 1990-2005 by estimating the two-sector growth model of Ram (1986) and panel regressions. The thesis finds a decreasing positive effect of government size on economic growth in these economies. The analysis also confirms that relative factor productivity was higher in the government sector than in the non-government sector during the early years of transition and vice versa over the late years of transition. Additionally, a positive externality effect of government sector on non-government sector may have been stronger during the later years of transition.
Autorenporträt
Battulga Sergelen is a lecturer of Economics at the National University of Mongolia. He has got MSc in Development Economics and Policy from the University of Manchester. His research area is development issues of transition economies and public policy.