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		| Peter J. Stauvermann  | 
	
	
		| Changwon National University | 
	
	
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		| Changwon National University | 
	
	
		| School of Global Business & Economics | 
	
	
		| 20, Changwondaehak-ro | 
	
	
		| Changwon, Gyeongnam 641-773 | 
	
	
		| Republic of Korea | 
	
	
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		| pstauvermann@t-online.de | 
	
	
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		JEL Areas: H3 : Fiscal Policies and Behavior of Economic Agents: General O4 : Economic Growth and Aggregate Productivity: General |