Does Government Size Affect Per‐Capita Income Growth? A Hierarchical Meta‐Regression Analysis

Churchill, Sefa Awaworyi; Uğur, Mehmet; Yew, Siew Ling

doi:10.1111/1475-4932.12307

Cited by 18 publications

(4 citation statements)

References 163 publications

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“…In detail, ref. [17] induced the learning comprehensive affected relations among individuals, organizations, and society in the learning relative research fields. Originally, the individual learning concept was directly influenced to organization learning development; organization learning development was directly impacted by the entire learning tendency.…”

Section: Literature On Main Modern Conceptsmentioning

confidence: 99%

The Sustainable Development and Strategic Approaches for Contemporary Higher Education

Hsieh

2022

Sustainability

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Due to the increasing appearance of global contagious diseases such as COVID-19, the goal of this research is to directly and explicitly advance the learning motivation, interests, and performance of online course participants into developing sustainable development and strategic approaches to discover the effective solution of the research question: how to provide the most effective online courses of sustainable development strategy for contemporary higher education in order to advance the student’s learning motivation, confidence, and desires? This is accomplished by integrating the three briefest analytical aspects of the Social Learning Theory, the main theoretical philosophies of Learning Community, and 10 core technological features to determine the most critical core determinants. Beyond the complex measured results, the most valuable conclusions were: (1) the highest Standardized Comparative Weight Scales (SCWS) was located in the Publicity Philosophy for contemporary online higher education sustainable development strategy, which meant the first hypothesis was accepted and the second and third hypotheses were denied. Hence, the Publicity Philosophy (PP) of the learning community directly and effectively advanced the contemporary online higher education sustainable development strategy for educational institutions as the best solution to the research question in order to achieve the main research objective. (2) Continuously, in detail, the PP of the learning community was directly and effectively enforced by the Professionalization Technology Feature of Course Function. This directly indicated that most online course participants focus on the professionalized technological features in the system operation, such as friendly operational platforms for easy uploads, convenient downloads of online course information, and real-time news during online courses at higher education institutions. Significantly, the aggregated technology in group discussions or teamwork assignments and the complete and fair evaluation of online course technological system can facilitate collaborative lesson preparation and lesson observation of the PP of the learning community in order to advance online course interests and learning performance to be the sustainable development strategic approach in contemporary higher education era.

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Section: Literature On Main Modern Conceptsmentioning

confidence: 99%

The Sustainable Development and Strategic Approaches for Contemporary Higher Education

Hsieh

2022

Sustainability

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“…The size of state is usually considered a determinant of economic growth. To test this argument, Churchill et al (2017) conducted a meta-regression analysis of 799 effect size estimates from 87 studies, looking for evidence to support the conventional wisdom of an association between government size and per-capita income growth. Their results do not support the negative association between government expenditure and per-capita real economic growth.…”

Section: Review Of Theoretical and Empirical Literaturementioning

confidence: 99%

Government Spending Volatility and Real Economic Growth: Evidence From a Major Oil Producing Country, Saudi Arabia, 1970 to 2018

Algaeed

2022

SAGE Open

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The objective of this paper is to examine the effect of government spending volatility on economic growth in an oil producing country—Saudi Arabia. The Hodrick–Prescott (HP) filtering approach was applied to decompose the data series into cyclical and trend components. The ordinary least squares, and nonlinear autoregressive distributed lag were also used, and the results confirm the negative effect of government spending volatility on real GDP growth in an oil-based economy. Moreover, the estimated coefficients of the nonlinear ARDL models indicate that changes in government spending have a significant short run and long run impact on real GDP growth, and real GDP growth responds asymmetrically to movements in government spending. Moreover, the more trade openness and credit fluctuate, the more volatile real economic growth is. Although the magnitude of government spending volatility is acceptable, the result proves that the exclusion of oil-based economies from the test of government spending volatility was inappropriate and unjustified. These results suggest that controlling the sources of instability in real GDP growth depends on the external sector and domestic credit. However, the successes of other countries should be presented and studied in order to choose appropriate policies that mitigate public spending volatility and contribute to sustainable economic growth.

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“…However, when we look more closely at the literature, we find that a significant proportion of empirical studies employ government spending in general or at some of its subcomponents. In this context, quite many studies follow Barro's [1990] prediction and use government final consumption expenditure (as a percentage of GDP) as a particular proxy for the size of government (see Armey [1995], Scully [1998], Chao and Grubel [1998], Vedder and Gallaway [1998], Pevcin [2004], Facchini and Melki [2013], Churchill et al [2017], Asimakopoulos andKaravias [2016], El Husseiny [2019], among many others). This is not to say, of course, that there is a single measure of government size in the literature.…”

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confidence: 99%

“…[2010], Yamamura [2011], Forte and Magazzino [2016], and Churchill et al [2017] are examples. All of these studies use different proportions of government spending to measure the size of government, ranging from the ratio of total government spending to GDP to government investment or consumption spending, or a combination thereof.…”

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confidence: 99%

New insights into the growth-maximizing size of government: evidence and implications for Turkey

Şen

Kaya

Durucan

2023

Econ Change Restruct

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This study provides new insights into the growth-maximizing size of government. Unlike the previous literature, which traditionally uses a single measure, government expenditure as a share of GDP, to measure the size of government, in this study we use multiple measures to measure it. Considering each of these measures, we first attempt to uncover the potential nonlinear relationship between government size and growth, and we then estimate the thresholds of government size that maximize growth. To this end, we use an appropriate econometric specification, namely the threshold autoregressive (TAR) model proposed by Hansen [1996Hansen [ , 2000, and apply it to Turkey's annual time-series data covering a fairly broad period ranging from 1974 to 2019. Overall, we arrive at the following key result: the size of government is not linearly correlated with growth, confirming the existence of a growth-maximizing threshold for each measure of government size, beyond which growth tends to slow down as government size continues to increase. More specifically, the results show that the range of estimated growth-maximizing size of government is between 4.28% and 15.19%, depending on how government size is defined or measured. Policymakers can take these different thresholds into account when designing their policies.

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Does Government Size Affect Per‐Capita Income Growth? A Hierarchical Meta‐Regression Analysis

Cited by 18 publications

References 163 publications

The Sustainable Development and Strategic Approaches for Contemporary Higher Education

The Sustainable Development and Strategic Approaches for Contemporary Higher Education

Government Spending Volatility and Real Economic Growth: Evidence From a Major Oil Producing Country, Saudi Arabia, 1970 to 2018

New insights into the growth-maximizing size of government: evidence and implications for Turkey

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