Public administration expenditure, investments and economic development: the case of Greece (1960-2014): theoretical and empirical analysis
Abstract
This PhD dissertation explores the relationship between the relative importance of public spending and the relative importance of public consumption with economic and approximate political variables, using annual data of the Greek economy for the period 1960 - 2014 (time series), in the light of the Public Choice Theory. The purpose is to check their long-lasting relationship using developed neoclassical models enriched with variables that are internationally introduced by the Theory of Public Choice to investigate: the Median Voter's Hypothesis, the role of bureaucracy and electoral cycles in the expansion of the size of the state.The OLS and Engle & Granger cointegration technique were used to estimate the models (long and short-term relationship of the variables).The results of the empirical analysis confirm the Median Voter's Hypothesis and the effects of the bureaucratic mechanism itself on the relative size of the public sector, while the strong influence of the electoral cycles ...
show more
![]() | |
![]() | Download full text in PDF format (13.98 MB)
(Available only to registered users)
|
All items in National Archive of Phd theses are protected by copyright.
|
Usage statistics

VIEWS
Concern the unique Ph.D. Thesis' views for the period 07/2018 - 07/2023.
Source: Google Analytics.
Source: Google Analytics.

ONLINE READER
Concern the online reader's opening for the period 07/2018 - 07/2023.
Source: Google Analytics.
Source: Google Analytics.

DOWNLOADS
Concern all downloads of this Ph.D. Thesis' digital file.
Source: National Archive of Ph.D. Theses.
Source: National Archive of Ph.D. Theses.

USERS
Concern all registered users of National Archive of Ph.D. Theses who have interacted with this Ph.D. Thesis. Mostly, it concerns downloads.
Source: National Archive of Ph.D. Theses.
Source: National Archive of Ph.D. Theses.