Economics, Econometrics and Finance
4 years ago

Big government, high social capital lead to maximum growth rates

Journal of Public Economic Theory
Growth maximizing government size, social capital, and corruption
Gaetano Carmeci, Luciano Mauro, Fabio Privileggi

Paper Summary

The article explores how a big government size can lead to maximum growth rates when combined with high levels of social capital. The researchers used a model that considers public officials stealing public resources and the impact of social capital on their accountability. They found that having a large government, along with strong social capital, can result in the highest growth rates.

Related papers

Theme background image
Health Professions
a year ago

Lack of Trade Secret Protection Leaves Indian Businesses Vulnerable to Theft

Knowledge Management
2 views
Theme background image
Social Sciences
8 years ago

New study aims to protect property ownership from misappropriation crimes effectively.

Corrective Justice
Theme background image
Social Sciences
8 years ago

New Criminal Law in China Enhances Protection of Company Rights.

Corrective Justice
Economic Analysis