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On the level of persistence in government size: time-series evidence and implications for the US

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  • Chi-Ang Lin

Abstract

For most developed countries, the study of the long-term trend of government size has become a major issue. This study employs advanced time-series techniques to investigate the long-run properties of the government size series for the US. By applying the persistence measures developed by Campbell and Mankiw (Quarterly Journal of Economics, 102, 857-80, 1987) and Cochrane (Journal of Political Economy, 96, 893-920, 1988), this study finds big long-term persistence in government size at all levels of the US government. The finding, indeed, explains the fact that the US has gradually taken steps to control the size of government in the 1990s.

Suggested Citation

  • Chi-Ang Lin, 2002. "On the level of persistence in government size: time-series evidence and implications for the US," Applied Economics, Taylor & Francis Journals, vol. 34(8), pages 999-1005.
    • Handle: RePEc:taf:applec:v:34:y:2002:i:8:p:999-1005
    DOI: 10.1080/00036840210138347
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    1. Alan T. Peacock & Jack Wiseman, 1961. "The Growth of Public Expenditure in the United Kingdom," NBER Books, National Bureau of Economic Research, Inc, number peac61-1.
    2. Wesley Clair Mitchell, 1927. "Business Cycles: The Problem and Its Setting," NBER Books, National Bureau of Economic Research, Inc, number mitc27-1.
    3. Wesley Clair Mitchell, 1927. "Introductory pages to "Business Cycles: The Problem and Its Setting"," NBER Chapters, in: Business Cycles: The Problem and Its Setting, pages -23, National Bureau of Economic Research, Inc.
    4. Norman Gemmell (ed.), 1993. "The Growth Of The Public Sector," Books, Edward Elgar Publishing, number 176.
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    Cited by:

    1. Sinha, Dipendra, 2007. "Does the Wagner’s Law hold for Thailand? A Time Series Study," MPRA Paper 2560, University Library of Munich, Germany.

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