TY - JOUR
T1 - Size of government and economic growth in the largest Latin American country
AU - Ferreira de Mendonça, Helder
AU - Cacicedo, Thiago
PY - 2015/7/24
Y1 - 2015/7/24
N2 - This article provides empirical evidence regarding the effect of the size of government on economic growth in the Brazilian economy for the period from January 2000 to March 2013. In particular, an analysis is conducted to see whether the Armey curve fits well for the Brazilian case and the optimal government size is also estimated. The findings indicate that an increase in the size of government contributes to economic growth and that the optimal size for the Brazilian government would be approximately 22% of GDP. Brazil crossed over this limit in 2005.
AB - This article provides empirical evidence regarding the effect of the size of government on economic growth in the Brazilian economy for the period from January 2000 to March 2013. In particular, an analysis is conducted to see whether the Armey curve fits well for the Brazilian case and the optimal government size is also estimated. The findings indicate that an increase in the size of government contributes to economic growth and that the optimal size for the Brazilian government would be approximately 22% of GDP. Brazil crossed over this limit in 2005.
U2 - 10.1080/13504851.2014.987909
DO - 10.1080/13504851.2014.987909
M3 - Article
SN - 1350-4851
VL - 22
JO - Applied Economics Letters
JF - Applied Economics Letters
IS - 11
M1 - 904-910
ER -
