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Abstract

With a panel of 18 OECD countries, 1980-2005, we investigate the determinants of export performance, in particular the effects of the size of government and institutional features. In a model of endogenous extent of domestically-produced goods, government size has a non-linear effect on export performance; the export-maximising size of government tax receipts is around 40-45% of GDP; the best size of productive government spending is around 16% of GDP. Product market and labour market-related rigidities affect negatively the export performance both on their own and via a negative effect on the effectiveness of RandD and slow down the speed of adjustment. Among traditional variables, relative unit labour cost, RandD shares in GDP, TFP growth and human capital show up significantly and with the expected signs.



Item Type: MPRA Paper -

Original Title: Government Size, Institutions, and Export Performance among OECD Economies-

English Title: Government Size, Institutions, and Export Performance among OECD Economies-

Language: English-

Keywords: Export shares, government size, institutions, unit labour cost, competitiveness-

Subjects: E - Macroeconomics and Monetary Economics > E0 - General > E02 - Institutions and the MacroeconomyF - International Economics > F1 - Trade > F14 - Empirical Studies of TradeF - International Economics > F4 - Macroeconomic Aspects of International Trade and Finance > F41 - Open Economy Macroeconomics-





Autor: Bournakis, Ioannis

Fuente: https://mpra.ub.uni-muenchen.de/68112/



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