Institutions and the impact of government spending on growth



Título del documento: Institutions and the impact of government spending on growth
Revista: Journal of applied economics
Base de datos: CLASE
Número de sistema: 000423819
ISSN: 1667-6726
Autores: 1
2
Instituciones: 1University of Delaware, Department of Economics, Newark, Delaware. Estados Unidos de América
2Gebze Institute of Technology, Department of Economics, Gebze, Kocaeli. Turquía
Año:
Periodo: Nov
Volumen: 14
Número: 2
Paginación: 319-341
País: Argentina
Idioma: Inglés
Tipo de documento: Artículo
Enfoque: Analítico
Resumen en inglés 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
Disciplinas: Economía
Palabras clave: Desarrollo económico,
Finanzas públicas,
Planificación económica,
Gasto público,
Instituciones,
Crecimiento económico,
Eficiencia económica
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