On the causal relationship between trade-openness and government-size: evidence from OECD countries
The compensation hypothesis predicts a positive causation from international economic openness to the size of the public sector, as governments step in to perform a risk mitigating role to counterbalance the increasing exposure to external risk and the economic dislocations caused by growing interna...
Main Authors: | , , |
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Format: | Journal article |
Language: | English |
Published: |
Inderscience
2011
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