Institutions and the impact of government spending on growth



Document title: Institutions and the impact of government spending on growth
Journal: Journal of applied economics
Database: CLASE
System number: 000423819
ISSN: 1667-6726
Authors: 1
2
Institutions: 1University of Delaware, Department of Economics, Newark, Delaware. Estados Unidos de América
2Gebze Institute of Technology, Department of Economics, Gebze, Kocaeli. Turquía
Year:
Season: Nov
Volumen: 14
Number: 2
Pages: 319-341
Country: Argentina
Language: Inglés
Document type: Artículo
Approach: Analítico
English abstract This paper reports the results of a study of the impact of government expenditures on economic growth, emphasizing how government effectiveness influences the efficiency of government spending. The effects of sub-categories of government spending on growth are also examined. Total expenditures are estimated to have negative growth effects for some groupings of developed nations. Consumption expenditures are found to have a detrimental growth effect in developing nations with ineffective governments. Developing nations with ineffective governments benefit from capital expenditures. To stimulate growth, developing nations should limit their governments’ consumption spending and invest in infrastructure
Disciplines: Economía
Keyword: Desarrollo económico,
Finanzas públicas,
Planificación económica,
Gasto público,
Instituciones,
Crecimiento económico,
Eficiencia económica
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