Pub Date : 2023-12-05DOI: 10.17979/ejge.2023.12.2.9600
Fadil Sahiti
This study investigates the relationship between macroeconomic and microeconomic policies and entrepreneurial dynamics in two economies transitioning from planned economies to free markets, comparing them to a developed economy. Macroeconomic policies, despite not directly targeting entrepreneurship, significantly impact entrepreneurial dynamics. Conversely, microeconomic policies specifically aim to promote and enhance entrepreneurial activity. The analysis links policy quality to key entrepreneurial indicators: new firm creation, incumbent firm survival, and overall firm stock. Findings reveal that while transition economies often adopt entrepreneurship policies similar to developed nations, some remain country-specific. These policy variations manifest in distinct entrepreneurial dynamics across the economies.
{"title":"Unleashing entrepreneurial potential in transition economies: a comparative analysis of the impact of macro and micro policies","authors":"Fadil Sahiti","doi":"10.17979/ejge.2023.12.2.9600","DOIUrl":"https://doi.org/10.17979/ejge.2023.12.2.9600","url":null,"abstract":"This study investigates the relationship between macroeconomic and microeconomic policies and entrepreneurial dynamics in two economies transitioning from planned economies to free markets, comparing them to a developed economy. Macroeconomic policies, despite not directly targeting entrepreneurship, significantly impact entrepreneurial dynamics. Conversely, microeconomic policies specifically aim to promote and enhance entrepreneurial activity. The analysis links policy quality to key entrepreneurial indicators: new firm creation, incumbent firm survival, and overall firm stock. Findings reveal that while transition economies often adopt entrepreneurship policies similar to developed nations, some remain country-specific. These policy variations manifest in distinct entrepreneurial dynamics across the economies.","PeriodicalId":37945,"journal":{"name":"European Journal of Government and Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-12-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139012102","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-14DOI: 10.17979/ejge.2023.12.1.9283
Brandon Parsons, Shahdad Naghshpour
The study determines how worsening internal and external conflict affects income inequality. The paper accounts for contributing variables and analyzes panel data in an unbalanced panel of 106 countries from 1988 to 2018—the panel data model groups by development status. The econometric model uses Driscoll and Kraay standard errors to account for heteroscedasticity, cross-sectional dependence, and autocorrelation. Worsening internal conflict increases income inequality in developing countries but not in developed countries. Worsening of internal conflict by one standard deviation increases income inequality by 0.068 in developing counties. External conflict does not noticeably affect income inequality in developed or developing panels.
{"title":"Panel data analysis of internal conflict and income inequality","authors":"Brandon Parsons, Shahdad Naghshpour","doi":"10.17979/ejge.2023.12.1.9283","DOIUrl":"https://doi.org/10.17979/ejge.2023.12.1.9283","url":null,"abstract":"The study determines how worsening internal and external conflict affects income inequality. The paper accounts for contributing variables and analyzes panel data in an unbalanced panel of 106 countries from 1988 to 2018—the panel data model groups by development status. The econometric model uses Driscoll and Kraay standard errors to account for heteroscedasticity, cross-sectional dependence, and autocorrelation. Worsening internal conflict increases income inequality in developing countries but not in developed countries. Worsening of internal conflict by one standard deviation increases income inequality by 0.068 in developing counties. External conflict does not noticeably affect income inequality in developed or developing panels. ","PeriodicalId":37945,"journal":{"name":"European Journal of Government and Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46119361","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-14DOI: 10.17979/ejge.2023.12.1.9146
Ivan D. Trofimov
This paper examines Wagner hypothesis of the growth of public expenditure alongside the growth of economic activity for a panel of 28 European economies during the 1995-2018 period. The hypothesis is verified using Pesaran (2007) panel unit root and Westerlund (2007) cointegration tests that account for cross-sectional dependence in the series, and three panel causality tests (Toda-Yamamoto, Dumitrescu-Hurlin and Juodis-Karavias-Sarafidis) that are suitable for mixed order of series’ integration, heterogeneous balanced panels and cases of limited evidence of cointegration. The empirical results suggested that expenditure and output variables were non-stationary in levels and stationary in the first differences; the cointegration among the variables was present; the causality was principally uni-directional (from output to public expenditure), in line with Wagner’s hypothesis, or bi-directional; the causality from public expenditure to output along Keynesian lines was limited.
{"title":"Wagner’s hypothesis in Europe: a causality analysis with disaggregated data","authors":"Ivan D. Trofimov","doi":"10.17979/ejge.2023.12.1.9146","DOIUrl":"https://doi.org/10.17979/ejge.2023.12.1.9146","url":null,"abstract":"This paper examines Wagner hypothesis of the growth of public expenditure alongside the growth of economic activity for a panel of 28 European economies during the 1995-2018 period. The hypothesis is verified using Pesaran (2007) panel unit root and Westerlund (2007) cointegration tests that account for cross-sectional dependence in the series, and three panel causality tests (Toda-Yamamoto, Dumitrescu-Hurlin and Juodis-Karavias-Sarafidis) that are suitable for mixed order of series’ integration, heterogeneous balanced panels and cases of limited evidence of cointegration. The empirical results suggested that expenditure and output variables were non-stationary in levels and stationary in the first differences; the cointegration among the variables was present; the causality was principally uni-directional (from output to public expenditure), in line with Wagner’s hypothesis, or bi-directional; the causality from public expenditure to output along Keynesian lines was limited.","PeriodicalId":37945,"journal":{"name":"European Journal of Government and Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45987284","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-14DOI: 10.17979/ejge.2023.12.1.9335
Oana-Andreea Ion
The Qualified Majority Voting (QMV) used by the Council of the European Union developed to a high degree of complexity from one modifying treaty to another, until the latest definition stipulated in the Treaty of Lisbon. This paper analyses this EU intra-institutional voting method using a rational choice approach and emphasizes that there are situations when not even the institutions, as rational actors, can avoid a collective irrational outcome even when they are addressing subjects such as voting power distribution. It also addresses several shortcomings of the Liberal Intergovernmentalist explanatory framework focusing on the insufficiently developed level of credible institutional commitments. The core part of the article consists in investigating several types of EU Council internal decision-making options, proposing how they can be designed to be considered in the same time fair and efficient, and in analysing how close this voting power ideal type configuration is to the current decisional system.
{"title":"Assessing the fairness of the EU Council qualified majority voting. A voting power critical perspective of the liberal intergovernmentalist accounts","authors":"Oana-Andreea Ion","doi":"10.17979/ejge.2023.12.1.9335","DOIUrl":"https://doi.org/10.17979/ejge.2023.12.1.9335","url":null,"abstract":"The Qualified Majority Voting (QMV) used by the Council of the European Union developed to a high degree of complexity from one modifying treaty to another, until the latest definition stipulated in the Treaty of Lisbon. This paper analyses this EU intra-institutional voting method using a rational choice approach and emphasizes that there are situations when not even the institutions, as rational actors, can avoid a collective irrational outcome even when they are addressing subjects such as voting power distribution. It also addresses several shortcomings of the Liberal Intergovernmentalist explanatory framework focusing on the insufficiently developed level of credible institutional commitments. The core part of the article consists in investigating several types of EU Council internal decision-making options, proposing how they can be designed to be considered in the same time fair and efficient, and in analysing how close this voting power ideal type configuration is to the current decisional system.","PeriodicalId":37945,"journal":{"name":"European Journal of Government and Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43031661","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-14DOI: 10.17979/ejge.2023.12.1.9345
Manuel Octavio Del Campo Villares, Francisco Jesús Ferreiro Seoane, Eladio Jardón Ferreiro, Miguel Molina Picazo
Spain has a population distribution dispersed in small population centres where 60% of municipalities have less than 1,000 inhabitants. This situation generates a financial and functional incapacity to guarantee the successful and efficient provision of local public services. In order to fulfil its competences and improve services, a territorial diagnosis of the investigated area is necessary to adapt the size and structure of its administration. However, the social superstructure is reluctant to change the form of administrative action, despite being perceived as slow and bureaucratic by citizens. For this reason, this work proposes a reform to improve local economic and financial management by redesigning its administrative structure, thus achieving citizen recognition of the advantages of change. The proposal is developed through a computerised reporting model for public decision-making, the result of which is a systematic spatial report of administrative-financial decisions, which optimises decision-making and makes public management more visible.
{"title":"Territorial diagnostics and citizen perception of municipal public management, towards an efficient reform of Local Administration","authors":"Manuel Octavio Del Campo Villares, Francisco Jesús Ferreiro Seoane, Eladio Jardón Ferreiro, Miguel Molina Picazo","doi":"10.17979/ejge.2023.12.1.9345","DOIUrl":"https://doi.org/10.17979/ejge.2023.12.1.9345","url":null,"abstract":"Spain has a population distribution dispersed in small population centres where 60% of municipalities have less than 1,000 inhabitants. This situation generates a financial and functional incapacity to guarantee the successful and efficient provision of local public services. In order to fulfil its competences and improve services, a territorial diagnosis of the investigated area is necessary to adapt the size and structure of its administration. However, the social superstructure is reluctant to change the form of administrative action, despite being perceived as slow and bureaucratic by citizens. For this reason, this work proposes a reform to improve local economic and financial management by redesigning its administrative structure, thus achieving citizen recognition of the advantages of change. The proposal is developed through a computerised reporting model for public decision-making, the result of which is a systematic spatial report of administrative-financial decisions, which optimises decision-making and makes public management more visible.","PeriodicalId":37945,"journal":{"name":"European Journal of Government and Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46360165","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-12-01DOI: 10.17979/ejge.2022.11.2.9004
Eristian Wibisono
This paper critically reviews the literature on multilevel governance issues in support of implementing Smart Specialization policies in EU regions. Using an evidence-based critical review approach, key literature that draws on three critical concepts is explored: multilevel governance, regional innovation policy, and Smart Specialization in various governance conditions and diverse regional resources. The evidence reviewed points to the critical role of multilevel governance in implementing Smart Specialization. Effective coordination mechanisms are essential building blocks to encounter the challenges of multilevel governance for Smart Specialization. More consequential, however, are substantial synergies that are solid, harmonious, and balanced among multi-stakeholders within institutions and across levels of government. This paper contributes to the limited literature on multilevel governance in support of the Smart Specialization policy. Further studies considering different types of regions are recommended to enrich future literature.
{"title":"Multilevel governance and Smart Specialization in EU regions: an evidence-based critical review","authors":"Eristian Wibisono","doi":"10.17979/ejge.2022.11.2.9004","DOIUrl":"https://doi.org/10.17979/ejge.2022.11.2.9004","url":null,"abstract":"This paper critically reviews the literature on multilevel governance issues in support of implementing Smart Specialization policies in EU regions. Using an evidence-based critical review approach, key literature that draws on three critical concepts is explored: multilevel governance, regional innovation policy, and Smart Specialization in various governance conditions and diverse regional resources. The evidence reviewed points to the critical role of multilevel governance in implementing Smart Specialization. Effective coordination mechanisms are essential building blocks to encounter the challenges of multilevel governance for Smart Specialization. More consequential, however, are substantial synergies that are solid, harmonious, and balanced among multi-stakeholders within institutions and across levels of government. This paper contributes to the limited literature on multilevel governance in support of the Smart Specialization policy. Further studies considering different types of regions are recommended to enrich future literature.","PeriodicalId":37945,"journal":{"name":"European Journal of Government and Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48911785","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-12-01DOI: 10.17979/ejge.2022.11.2.8951
A. Kam, Jerry Sankay Oboh, Z. Othman, Jusoh Sufian
Gender inequality is recognised as an impediment to economic growth and development. In Nigeria, several policies have been enacted to eliminate gender inequality. However, studies show that women are grossly marginalised, exploited, and discriminated against in their socioeconomic life. This paper examines the impact of gender inequality and female labour participation in the Nigerian civil service on the economic growth of Nigeria using mix-methods. First, an estimation of the impact of gender inequality on economic growth using panel data regression, followed by content- and consistency-based analysis that examines the factors responsible for gender inequality and discrimination issues women experience in the Nigerian civil service using content- and consistency-based analysis. The findings suggest that gender inequality negatively impacts economic growth and distorts the pool of human capital available to the Nigerian civil service and recommends the use of education and outsourcing of some employment functions to eliminate it effectively.
{"title":"The impact of gender inequality on economic growth: an explanatory sequential mixed methods study of female labour participation in the civil service","authors":"A. Kam, Jerry Sankay Oboh, Z. Othman, Jusoh Sufian","doi":"10.17979/ejge.2022.11.2.8951","DOIUrl":"https://doi.org/10.17979/ejge.2022.11.2.8951","url":null,"abstract":"Gender inequality is recognised as an impediment to economic growth and development. In Nigeria, several policies have been enacted to eliminate gender inequality. However, studies show that women are grossly marginalised, exploited, and discriminated against in their socioeconomic life. This paper examines the impact of gender inequality and female labour participation in the Nigerian civil service on the economic growth of Nigeria using mix-methods. First, an estimation of the impact of gender inequality on economic growth using panel data regression, followed by content- and consistency-based analysis that examines the factors responsible for gender inequality and discrimination issues women experience in the Nigerian civil service using content- and consistency-based analysis. The findings suggest that gender inequality negatively impacts economic growth and distorts the pool of human capital available to the Nigerian civil service and recommends the use of education and outsourcing of some employment functions to eliminate it effectively.","PeriodicalId":37945,"journal":{"name":"European Journal of Government and Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44934137","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-12-01DOI: 10.17979/ejge.2022.11.2.8925
G. Bertsatos
Long- and short-run current account balance (CAB) determinants of the nineteen Eurozone (EZ) member states vis-a-vis the United States (US) are examined. Particularly, the competitiveness of the EZ vs the US, the relationship between the current account deficit and the budget deficit (twin deficit), and other factors determining the current account balance are studied. Quarterly data was used in a sample of the nineteen EZ member states with the US as a trading partner over the period 2008 - 2018. It is found that the CAB in the long run has a positive relationship with the real interest rate, real exchange rate, Gross Domestic Product (GDP) per capita, and exchange rate volatility, but a negative relationship with the fiscal balance. In the short run, it is notable that only the real exchange rate affects the current account balance. Finally, policy implications are discussed regarding the determinants of the current account.
{"title":"Determinants of bilateral current account balance between the Eurozone and the United States","authors":"G. Bertsatos","doi":"10.17979/ejge.2022.11.2.8925","DOIUrl":"https://doi.org/10.17979/ejge.2022.11.2.8925","url":null,"abstract":"Long- and short-run current account balance (CAB) determinants of the nineteen Eurozone (EZ) member states vis-a-vis the United States (US) are examined. Particularly, the competitiveness of the EZ vs the US, the relationship between the current account deficit and the budget deficit (twin deficit), and other factors determining the current account balance are studied. Quarterly data was used in a sample of the nineteen EZ member states with the US as a trading partner over the period 2008 - 2018. It is found that the CAB in the long run has a positive relationship with the real interest rate, real exchange rate, Gross Domestic Product (GDP) per capita, and exchange rate volatility, but a negative relationship with the fiscal balance. In the short run, it is notable that only the real exchange rate affects the current account balance. Finally, policy implications are discussed regarding the determinants of the current account.","PeriodicalId":37945,"journal":{"name":"European Journal of Government and Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47302535","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-12-01DOI: 10.17979/ejge.2022.11.2.8652
Muhammed Ashiq Villanthenkodath, M. Mahalik
This study empirically examines the impact of real interest rate on income inequality in India within a Kuznets Curve framework considering the role of economic growth, trade openness and technological innovation as the control variables. This study employs the ARDL bounds test for validating the long-run relationship over the annual data period 1995 to 2019. The results reveal the long-run relationship between the series in India. The findings suggest that the initial increase in interest rate significantly reduces income inequality. But, in a later stage, a threshold exists for such an increased interest rate to revert the prior beneficial impact. This finding further shows that Kuznets’ inverted U-shaped hypothesis is not valid for the relationship between income inequality and real interest rate in India. It shows that the real interest rate impedes income distribution in the long run. These findings are also found to be robust using FMOLS and DOLS estimators. We find that economic growth significantly reduces income inequality, whereas trade openness promotes it. Surprisingly, technological innovation enhances income inequality, but this effect vanishes in the long-run. However, these findings suggest that policymakers in India should not ignore the impeding role of real interest rates while aiming at achieving effective income distribution between haves and have-nots in the long run.
{"title":"Does real interest rate reduce income inequality in India? Evidence from multivariate framework analysis.","authors":"Muhammed Ashiq Villanthenkodath, M. Mahalik","doi":"10.17979/ejge.2022.11.2.8652","DOIUrl":"https://doi.org/10.17979/ejge.2022.11.2.8652","url":null,"abstract":"This study empirically examines the impact of real interest rate on income inequality in India within a Kuznets Curve framework considering the role of economic growth, trade openness and technological innovation as the control variables. This study employs the ARDL bounds test for validating the long-run relationship over the annual data period 1995 to 2019. The results reveal the long-run relationship between the series in India. The findings suggest that the initial increase in interest rate significantly reduces income inequality. But, in a later stage, a threshold exists for such an increased interest rate to revert the prior beneficial impact. This finding further shows that Kuznets’ inverted U-shaped hypothesis is not valid for the relationship between income inequality and real interest rate in India. It shows that the real interest rate impedes income distribution in the long run. These findings are also found to be robust using FMOLS and DOLS estimators. We find that economic growth significantly reduces income inequality, whereas trade openness promotes it. Surprisingly, technological innovation enhances income inequality, but this effect vanishes in the long-run. However, these findings suggest that policymakers in India should not ignore the impeding role of real interest rates while aiming at achieving effective income distribution between haves and have-nots in the long run.","PeriodicalId":37945,"journal":{"name":"European Journal of Government and Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44567401","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-06-28DOI: 10.17979/ejge.2022.11.1.7385
D. Ahuja, Deepak Pandit
In this paper, we aim to study the interrelationship between social spending, economic growth, and income inequality in developing countries from the year 1990 to 2013. We observed that all the categories of social spending produced a significant reduction in income inequality. Further, the impact of health and education spending on economic growth is significant, and that of social protection is insignificant. This indicates that both health and education spending can break the trade-off between equity and efficiency, that is, it can lead to both growth and progressive distributional change. However, given the importance of social welfare measures in reducing income inequality, developing countries need to focus on active social spending like labor market reforms that can increase gross domestic product growth rate and simultaneously reduce income inequality.
{"title":"Social spending as a development tool: evidence from developing countries","authors":"D. Ahuja, Deepak Pandit","doi":"10.17979/ejge.2022.11.1.7385","DOIUrl":"https://doi.org/10.17979/ejge.2022.11.1.7385","url":null,"abstract":"In this paper, we aim to study the interrelationship between social spending, economic growth, and income inequality in developing countries from the year 1990 to 2013. We observed that all the categories of social spending produced a significant reduction in income inequality. Further, the impact of health and education spending on economic growth is significant, and that of social protection is insignificant. This indicates that both health and education spending can break the trade-off between equity and efficiency, that is, it can lead to both growth and progressive distributional change. However, given the importance of social welfare measures in reducing income inequality, developing countries need to focus on active social spending like labor market reforms that can increase gross domestic product growth rate and simultaneously reduce income inequality.","PeriodicalId":37945,"journal":{"name":"European Journal of Government and Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43967620","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}