| 1. |
- Agell, Jonas, et al.
(författare)
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Growth and the public sector : a reply
- 1999
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Rapport (övrigt vetenskapligt/konstnärligt)abstract
- Fölster and Henrekson (1998) claim that they, by addressing a number of econometric problems, can establish that it is likely that economies with a large public sector grow more slowly than economies with a small public sector. But their regressions are fundamentally flawed. Re-estimating their growth equation using theoretically valid instruments, we find that the growth effect of the public sector is statistically insignificant, and much smaller than the point-estimates reported by Fölster and Henrekson. This is consistent with the agnostic conclusion, drawn by us and many others, that cross-country growth regressions are unlikely to give a reliable answer to whether a large public sector is growth promoting or retarding.
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| 2. |
- Agell, Jonas, et al.
(författare)
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Growth and the public sector : A reply
- 1999
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Ingår i: European Journal of Political Economy. - 0176-2680 .- 1873-5703. ; 15:2, s. 359-366
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Tidskriftsartikel (refereegranskat)abstract
- Fölster and Henrekson [Fölster, S., Henrekson, M., 1999. Growth and the public sector: A critique of the critics. European Journal of Political Economy 15, 337–358] claim that, by addressing a number of econometric problems, they can establish that it is likely that economies with a large public sector grow more slowly than economies with a small public sector. But their regressions are fundamentally flawed. Re-estimating their growth equation using theoretically valid instruments, we find that the growth effect of the public sector is statistically insignificant, and much smaller than the point-estimates that they report. This is consistent with the agnostic conclusion, drawn by us and others, that cross-country growth regressions are unlikely to provide a reliable answer as to whether a large public sector is growth promoting or retarding.
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| 3. |
- Agell, Jonas, et al.
(författare)
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Growth and the public sector : A critical review essay
- 1997
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Ingår i: European Journal of Political Economy. - 0176-2680 .- 1873-5703. ; 13:1, s. 33-52
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Tidskriftsartikel (refereegranskat)abstract
- We review the theoretical and empirical evidence on the relation between growth and the public sector against the background of the current debate on the issue. The evidence is found to admit no conclusion on whether the relation is positive, negative or non-existent. A simple cross-country regression in an OECD sample illustrates how the relation is easily tilted from negative to positive by introducing control variables for initial GDP and the dependent population.
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| 4. |
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| 5. |
- Agell, Jonas, et al.
(författare)
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Growth effects of government expenditure and taxation in rich countries : A comment
- 2006
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Ingår i: European Economic Review. - : Elsevier BV. - 0014-2921 .- 1873-572X. ; 50:1, s. 211-218
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Tidskriftsartikel (refereegranskat)abstract
- Fölster and Henrekson (European Economic Review 45 (2001), 1501–1520) argue that “...the more the econometric problems that are addressed, the more robust the relationship between government size and economic growth appears”. But in failing to control for simultaneity and in ignoring issues of sample-selection bias, the regressions reported by Fölster/Henrekson are flawed. Using theoretically valid instruments, we find that the estimated partial correlation between size of the public sector and economic growth is statistically insignificant and highly unstable across specifications. Moreover, since instruments are weak, all hypothesis tests are unreliable. We conclude that cross-country growth regressions are unlikely to come up with a reliable answer to the question of the growth effects of government spending and taxation.
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| 6. |
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| 7. |
- Agell, Jonas, et al.
(författare)
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Tillväxt och offentlig sektor
- 1994
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Ingår i: Ekonomisk Debatt. - 0345-2646. ; 22:4, s. 373-385
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Tidskriftsartikel (övrigt vetenskapligt/konstnärligt)abstract
- I den populära svenska debatten hävdas ofta att det finns ett starkt negativt samband mellan offentlig sektor och ekonomisk tillväxt. Den empiriska litteraturen ger emellertid inte något belägg for ett entydigt kausalt samband från stor offentlig sektor till låg tillväxt. Jonas Agell, Thomas Lindh och Henry Ohlsson går i denna artikel igenom den aktuella teoretiska och empiriska forskningen på området. Med några enkla jämförelser för OECD-länderna visar de att andra faktorer än offentlig sektor kan tänkas ha större betydelse för tillväxtskillnader mellan länder.
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| 8. |
- Andersson, Fredrik, et al.
(författare)
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Den första nationella konferensen i nationalekonomi i Sverige
- 2011
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Ingår i: Ekonomisk Debatt. ; 39:2, s. 67-73
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Tidskriftsartikel (populärvet., debatt m.m.)abstract
- Den 1–2 oktober 2010 hölls en nationell konferens i nationalekonomi i Lund. Konferensen samlade 140 deltagare och innehöll en plenarföreläsning, en paneldebatt, en postersession samt parallella sessioner där nästan 60 uppsatser presenterades. En andra konferens i samma format äger rum i Uppsala den 16–17 september 2011. I denna artikel redogör personerna i arrangörskommittén för sina erfarenheter och tankar kring framtida former för möten mellan svenska nationalekonomer.
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| 9. |
- Apel, Mikael, et al.
(författare)
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Monetary policy and inflation in times of war
- 2022
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Ingår i: Sveriges Riksbank Economic Review. - : Sveriges Riksbank. - 2001-029X. ; :2, s. 65-79
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Tidskriftsartikel (övrigt vetenskapligt/konstnärligt)abstract
- When major and unusual events such as a war occur, there is no ‘manual’ for how to act as an economic policy-maker. All wars are different – in terms of their scale and duration, their location and their impact on the world around them. Instead, one must try to find parallels with previous historical episodes and study the research literature on the economic consequences of war to see if it is possible to find common denominators. It is clear, however, that war often leads to higher inflation in one way or another. In this article, we will first briefly review what research literature has to say about the connection between war and inflation. Then we will take a look back at earlier episodes when war was associated with rising inflation in Sweden, and draw some conclusions from this.
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| 10. |
- Braunerhjelm, Pontus, 1953-, et al.
(författare)
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Ekonomi i omvandling
- 2008
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Rapport (populärvet., debatt m.m.)
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