Use the latest browser recommended by Microsoft
Get speed, security and privacy with Microsoft Edge
This study analyses the growth of government expenditure as a proportion of national income in Barbados, Jamaica and Trinidad between 1955 and 1985 using the two leading supply side theories in the literature - Baumol's differential productivity' model and the Kau and Rubin's 'declining welfare' model. Given the insights from these two theories a single equation model is specified and a general to specific methodology along the lines of Hendry is employed to test the empirical validity of these supply-side explanations.