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  • Thrift culture and the size of government

    Author(s)
    Hien, Thuc Pham
    Carmignani, Fabrizio
    Kler, Parvinder
    Griffith University Author(s)
    Carmignani, Fabrizio
    Kler, Parvinder S.
    Pham, Hien-Thuc T.
    Year published
    2018
    Metadata
    Show full item record
    Abstract
    We consider the role of culture in determining the size of government. To that purpose, we develop three theoretical hypotheses on the relationship between “thrift” (our proxy of culture) and government consumption. We then test these hypotheses using panel data for 62 countries. Our main finding is that government consumption is higher in thriftier countries. The positive effect of thrift on government consumption weakens in more corrupt or more democratic societies.We consider the role of culture in determining the size of government. To that purpose, we develop three theoretical hypotheses on the relationship between “thrift” (our proxy of culture) and government consumption. We then test these hypotheses using panel data for 62 countries. Our main finding is that government consumption is higher in thriftier countries. The positive effect of thrift on government consumption weakens in more corrupt or more democratic societies.
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    Journal Title
    Economic Modelling
    DOI
    https://doi.org/10.1016/j.econmod.2017.11.015
    Note
    This publication has been entered into Griffith Research Online as an Advanced Online Version.
    Subject
    Applied Economics not elsewhere classified
    Applied Economics
    Econometrics
    Banking, Finance and Investment
    Publication URI
    http://hdl.handle.net/10072/372991
    Collection
    • Journal articles

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