Government Size Threshold and Economic Growth in Iran
Publish Year: 1389
نوع سند: مقاله ژورنالی
زبان: English
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شناسه ملی سند علمی:
JR_IJBDS-2-1_004
تاریخ نمایه سازی: 17 دی 1402
Abstract:
We apply the two-sector production function developed by Ram (۱۹۸۶) 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 government expenditure share in GDP, government consumption expenditure share in GDP, and government investment expenditure share in GDP of about ۳۴.۷%, ۲۳.۶% and ۸%, respectively.
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