[Cite as http://purl.org/au-research/grants/arc/DP150100061]
Researchers Prof Jakob Madsen; Dr Paul Raschky; Prof Roland Hodler
Brief description Using national and regional data for 30-50 countries over multiple centuries, this project will examine the effects of itemised government expenditure and revenue on productivity, investment, saving, labour force participation and R&D. The results will shed light on the macroeconomic effects of different revenue and spending categories (education, transfers, etc.). In addition, the project will determine which factors have been responsible for the increase of government size over the past two centuries. The results will further reveal which government revenue and expenditure items are most conducive to economic welfare and growth.
Funding Amount $609,100
Funding Scheme Discovery Projects