It takes the average reader and 23 minutes to read The Cyclical and Long-Term Behavior of Government Expenditures in Developing Countries by Bernardin Akitoby
Assuming a reading speed of 250 words per minute. Learn more
We examine the short- and long-term movements of government spending relative to output in 51 countries. We find that in the short term, the main components of government spending increase with output in about half of the sample countries, with some variation across spending categories and countries. Further, we find that there is a long-term relationship between government spending and output (in line with "Wagner's law") for the majority of countries for at least one spending aggregate. In the short term, we find that power dispersion and government size typically dampen the positive response of government spending to output. Output volatility and financial risk, on the other hand, contribute to the procylicality of government spending.
The Cyclical and Long-Term Behavior of Government Expenditures in Developing Countries by Bernardin Akitoby is 23 pages long, and a total of 5,819 words.
This makes it 8% the length of the average book. It also has 7% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 31 minutes to read The Cyclical and Long-Term Behavior of Government Expenditures in Developing Countries aloud.
The Cyclical and Long-Term Behavior of Government Expenditures in Developing Countries is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
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