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 fnds a positive and signifcant relationship between the number of pages in the Ofcial Gazette of the French Republic and the development of the public expenditure-to-GDP ratio. We rely on the number of pages in the Ofcial 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.
Legislative production and public spending in France
elena seghezza;
2020-01-01
Abstract
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 fnds a positive and signifcant relationship between the number of pages in the Ofcial Gazette of the French Republic and the development of the public expenditure-to-GDP ratio. We rely on the number of pages in the Ofcial 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.File | Dimensione | Formato | |
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Legislative Production and Public Spending in France.pdf
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