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Journals / Maliye Araştırmaları Dergisi / 2016 / Cilt: 2 Sayı: 3

Public Size and Economic Development: Application in OECD Countries

Simla Guzel(Uludağ University, Faculty of Economics and Administrative Sciences, Department of Public Finance)
Isın Cetın(Uludağ University, Faculty of Economics and Administrative Sciences, Department of Econometrics)
Pages
2016231181–2016231198
Publication Date
2016-11-01
DOI
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

Especially, The United Kingdom, Italy, Chile and Turkey were the most obvious specimens.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:It is difficult to determine the optimal level of public expenditure volume which is one of the most important indicators of the extent of the state activity in the economy.
📊
Key Findings & Data:Although the volume changes from one country to another, generally accepted opinion is to improve the productivity in public expenditures.
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Conclusion & Impact:Especially, The United Kingdom, Italy, Chile and Turkey were the most obvious specimens.
🔬Design:Makale
📍Scope:Comprehensive Sample
⚙️Variables:Domain Parameters

Abstract

It is difficult to determine the optimal level of public expenditure volume which is one of the most important indicators of the extent of the state activity in the economy. Although the volume changes from one country to another, generally accepted opinion is to improve the productivity in public expenditures. The objective of the present study was to determine the effect of public expenditures and types of expenses on economic development in OECD countries. Human development index HDI was accepted as the indicator of economic development. Spatial statistical methods were used to analyze dissimilarities between the nations in this study. We analyzed the countries using HDI level in two groups; countries with low HDI score and countries with high HDI score. The hypothesis was that the countries with low HDI levels have more public spending than the countries with high HDI levels. Especially, The United Kingdom, Italy, Chile and Turkey were the most obvious specimens.

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Cite This Article

Guzel, S., Cetın, I. (2016). Public Size and Economic Development: Application in OECD Countries. Maliye Araştırmaları Dergisi, Cilt: 2 Sayı: 3, 2016231181–2016231198. https://ajindex.com/articles/1137893

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