Output Volatility and Government Size in Nigeria

Erkki Koskela* and Matti Viren** Government Size and Output Volatility: New International Evidence***

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...

The Relationship between Government Size and Happiness

Introduction: Although the use of the happiness economy approach does not have much history, since policy makers generally make decisions in the direction of increasing well-being and public satisfaction, it becomes important to quantify the concept of mental well-being and examine the factors affecting it in order to improve happiness in society. Methods: The purpose of this research is to in...

Government Size Threshold and Economic Growth in Iran

We apply the two-sector production function developed by Ram (1986) to estimate the threshold regression model for Iran, concerning the effect of government size on economic growth. Three government size indicators are used to find out the different threshold points. The results show a non-linear relationship of the Armey curve in Iran, in which the threshold effects corresponding to total gove...

The Relationship between Government Size and Happiness

Introduction: Although the use of the happiness economy approach does not have much history, since policy makers generally make decisions in the direction of increasing well-being and public satisfaction, it becomes important to quantify the concept of mental well-being and examine the factors affecting it in order to improve happiness in society. Methods: The purpose of this research is to in...

Energy Prices and Alberta Government Revenue Volatility