Facchini, François
Legislative production and public spending in France / François Facchini, Elena Seghezza .-- , 2021
Resumen.
Bibliografía.
The aim of this article is to help explain the history of the public spending-to-GDP ratio in France by examining the production of laws and regulations. It empirically finds a positive and significant relationship between the number of pages in the Official Gazette of the French Republic and the development of the public expenditure-to-GDP ratio. We rely on the number of pages in the Official Gazette as a proxy for the cost of implementing laws and regulations. If unchecked, a proliferation of laws and regulations expands public spending. Over the period 1905–2015, a 10% increase in pages caused a 1.14% increase in the public expenditure-to-GDP ratio.
LEGISLACION
GASTO PUBLICO
PRODUCTO INTERIOR BRUTO
FRANCIA
MODELOS ECONOMETRICOS
Seghezza, Elena
Public Choice 0048-5829v. 189, n. 1-2, October 2021, p. 71-91
Legislative production and public spending in France / François Facchini, Elena Seghezza .-- , 2021
Resumen.
Bibliografía.
The aim of this article is to help explain the history of the public spending-to-GDP ratio in France by examining the production of laws and regulations. It empirically finds a positive and significant relationship between the number of pages in the Official Gazette of the French Republic and the development of the public expenditure-to-GDP ratio. We rely on the number of pages in the Official Gazette as a proxy for the cost of implementing laws and regulations. If unchecked, a proliferation of laws and regulations expands public spending. Over the period 1905–2015, a 10% increase in pages caused a 1.14% increase in the public expenditure-to-GDP ratio.
LEGISLACION
GASTO PUBLICO
PRODUCTO INTERIOR BRUTO
FRANCIA
MODELOS ECONOMETRICOS
Seghezza, Elena
Public Choice 0048-5829v. 189, n. 1-2, October 2021, p. 71-91