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    Please use this identifier to cite or link to this item: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/109471

    Title: The Impact of Government Size and Governance on Economic Growth
    Authors: Naonori Koyama
    Keywords: Government Size;Government Expenditure;Economic Growth;Governance;Panel Analysis
    Date: 2016-12
    Issue Date: 2017-02-21 02:10:48 (UTC+8)
    Publisher: 國際政治與經濟論叢編輯委員會
    Abstract: This paper considers the effects of size of government on economic growth. With
    Japan’s aging society and low birth rates, the size of the Japanese government is
    expanding. The size of government is often measured by the share of its expenditure
    and debt versus GDP. There is much research indicating that expanded government
    negatively impacts economic growth. Despite the empirical support for that notion, in
    Japan—where the economy has long been stagnant since the 1990s—it would be a
    daunting task to fiscally restructure such that size of government were drastically
    reduced. It may not be realistic to shrink government in a society with low birth rates
    and an increasing average age. There is a critical policy need to look at both the impact
    of size of government on economic growth and the nature of governance reform.
    This paper seeks to achieve the following. First, it will empirically analyze the
    impact of size of government on economic growth. Much existing research focuses only
    on size of government as a factor impacting economic growth, but this paper will also
    take note of effects of governance reform. Second, it will use six indicators of
    governance—voice and accountability, corruption, government effectiveness, political
    stability, regulatory quality and legal compliance—in analyzing what sort of governance
    reform contributes to economic growth.
    Relation: 國際政治與經濟論叢 4,頁75-86
    Appears in Collections:[Graduate Institute of Japan Political and Economic ] Journal Article

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