The Composition of Government Expenditures and Economic Growth in Bolivia



Document title: The Composition of Government Expenditures and Economic Growth in Bolivia
Journal: Latin american journal of economics
Database: CLASE
System number: 000399147
ISSN: 0719-0425
Authors: 1
Institutions: 1Universidad Nuestra Señora de La Paz, La Paz. Bolivia
Year:
Season: May
Volumen: 50
Number: 1
Pages: 83-105
Country: Chile
Language: Inglés
Document type: Artículo
Approach: Analítico
English abstract This paper analyzes the relationship between economic growth and productivity to budget share ratios of government expenditures in Bolivia since 1940. Government expenditures are classified according to their functional and economic characteristics and place of origin. The results indicate that defense expenditures, decentralized expenditures (local or regional), and expenditures in Santa Cruz Department represent the best ways for government to boost the country’s growth. Expenditures on additional areas, such as education, and in other promising departments, such as Beni and Oruro, have the potential for generating significant growth and should be considered areas for possible government intervention
Disciplines: Economía
Keyword: Econometría,
Finanzas públicas,
Bolivia,
Productividad económica,
Gasto público,
Crecimiento económico,
Método generalizado de momentos
Full text: Texto completo (Ver PDF)