Working paper

Exploring Cross-Country Variation in Government Shares: What Can We Learn from Relative Productivities?

Year:

2013

Published in:

Kyiv School of Economics

Authors:

government consumption
relative government shares
relative international prices
neoclassical growth model
the Penn World Table

Government shares in total output are characterized by significant variation across countries. As a starting point of my study, I notice strong negative correlation between government consumption share and price of government services in terms of private consumption. Motivated by this empirical observation, I develop a neoclassical growth model with added government that is capable of matching the variation in government shares very closely using only relative prices. In addition, I provide empirical evidence showing that the relative price of government consumption increases in income which is consistent with distortions prevailing in poor countries. These two observations combined imply that government shares tend to be higher in poorer countries.

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A 12-Year Prospective Study of Stroke Risk in Older Medicare Beneficiaries

Publisher: BMC Geriatrics

Authors: Fredric D Wolinsky, Suzanne Bentler, Elizabeth A Cook, Elizabeth A Chrischilles, Li Liu, Kara B Wright, John F Geweke, Obrizan Maksym, Claire E Pavlik, Robert L Ohsfeldt, Michael P Jones, Robert B Wallace , Gary E Rosenthal

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Evidence from Sloviansk and Kramatorsk

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Publisher: The Journals of Gerontology

Authors: Fredric D Wolinsky, Suzanne Bentler, Li Liu, Michael P Jones, Brian Kaskie, Jason Hockenberry, Elizabeth A Chrischilles, Kara B Wright, John F Geweke, Obrizan Maksym, Robert L Ohsfeldt, Gary E Rosenthal, Robert B Wallace