Stabilizing economic growth: Growth target and government expenditure since World War II

This paper investigates how the government stabilizes economic growth from the perspective of government expenditure. We contribute a method to identify the government expenditure aimed at stabilizing growth and empirically examine it using a dataset of economic growth targets. We find that when the...

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Bibliographic Details
Main Authors: Qiuhui Chen, Xianxiang Xu
Format: Article
Language:English
Published: KeAi Communications Co. Ltd. 2022-06-01
Series:China Economic Quarterly International
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2666933122000193