Trade openness and bigger governments: The role of country size revisited

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dc.citation.epage63
dc.citation.journalTitleEuropean Journal of Political Economyeng
dc.citation.spage49
dc.citation.volume37
dc.contributor.affiliationUniversidad EAFIT, Medellín, Colombiaspa
dc.contributor.affiliationDepartment of Economics, University of Miami, United Statesspa
dc.contributor.authorJetter, Michaelspa
dc.contributor.authorParmeterb, Christopher F.spa
dc.contributor.departmentEscuela de Economía y Finanzasspa
dc.contributor.departmentEconomíaspa
dc.contributor.programEstudios en Economía y Empresaspa
dc.date2015-03
dc.date.accessioned2015-11-06T16:24:56Z
dc.date.available2015-11-06T16:24:56Z
dc.date.issued2015-03
dc.description.abstractThis paper revisits the question of why more open countries tend to have bigger governments. We replicate successfully the main results of Ram (2009), who rejects the role of country size as an omitted variable. However, several extensions advise against a hasty conclusion: The results differ substantially depending on the data source used, the timeframe considered, the countries selected, and the way variables are measured. Specifically, we employ newer versions of the Penn World Table (PWT 7.1 and 8.0), allowing us to both extend the number of observations and the timeframe. We find evidence for the claim that smaller countries do indeed have bigger governments, especially when using the PWT 8.0 data, and Ram (2009) findings might be driven by the specific dataset used (PWT 6.1) and the countries included in that sample. Finally, we also conduct quantile regression analyses to pin down at which point of the distribution the suggested relationships come out.eng
dc.identifier.doi10.1016/j.ejpoleco.2014.11.001
dc.identifier.issn0176-2680
dc.identifier.urihttp://hdl.handle.net/10784/7508
dc.language.isoengeng
dc.publisherElseviereng
dc.relation.ispartofEuropean Journal of Political Economy. Vol.37, 2015, pp.49-63spa
dc.relation.isversionofhttp://www.sciencedirect.com.ezproxy.eafit.edu.co/science/article/pii/S0176268014001049
dc.relation.urihttp://www.sciencedirect.com.ezproxy.eafit.edu.co/science/article/pii/S0176268014001049
dc.rightsrestrictedAccesseng
dc.rightsCopyright © 2014 Elsevier B.V. All rights reserved.spa
dc.rights.accessrightsinfo:eu-repo/semantics/restrictedAccesseng
dc.rights.localAcceso restringidospa
dc.sourceEuropean Journal of Political Economy. Vol.37, 2015, pp.49-63spa
dc.subject.keywordGovernment sizeeng
dc.subject.keywordTrade opennesseng
dc.subject.keywordCountry sizeeng
dc.subject.keywordPanel dataeng
dc.subject.keywordPenn world tableeng
dc.titleTrade openness and bigger governments: The role of country size revisitedeng
dc.typearticleeng
dc.typeinfo:eu-repo/semantics/articleeng
dc.typeinfo:eu-repo/semantics/publishedVersioneng
dc.type.hasVersionObra publicadaspa
dc.type.localArtículospa

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