الحجم الأمثل للإنفاق الحكومي في الأردن للفترة 1985 - 2014 = The Optimal Size of Government Expenditure in Jordan for the Period 1985 - 2014

2017 ◽  
Vol 4 (2) ◽  
pp. 171-183
Author(s):  
سليم سليمان الحجايا ◽  
محمد خليل عدينات
Keyword(s):  
Government Expenditure ◽  
Optimal Size ◽  
Size Of Government

scholarly journals Government expenditure in New Zealand since 1935: a preliminary reassessment

2017 ◽  
Vol 13 (2) ◽  
Author(s):  
Matthew Gibbons
Keyword(s):  
New Zealand ◽  
Comparative Studies ◽  
Government Expenditure ◽  
Data Series ◽  
Optimal Size ◽  
Economic Issue ◽  
Size Of Government ◽  
Expenditure Data ◽  
Term Data

The optimal size of government is an important political and economic issue. However, because no long-term government expenditure series has official standing, New Zealand is often a missing case in comparative studies of government expenditure (Castles, 1998). Although government expenditure data is available from 1972 on Treasury’s website (New Zealand Treasury, 2016), the most widely used data before 1972 is a ‘consolidated’ long-term data series, on Statistics New Zealand’s website, which uses data from a number of sources and is published with strong disclaimers. 

scholarly journals Size of government and economic growth: A nonlinear analysis

2012 ◽  
Vol 57 (194) ◽  
pp. 7-30 ◽  
Author(s):  
Shanaka Herath
Keyword(s):  
Economic Growth ◽  
Sri Lanka ◽  
Polynomial Regression ◽  
Developing Economies ◽  
Government Expenditure ◽  
Analytical Framework ◽  
Optimal Level ◽  
Size Of Government ◽  
Developed Economies ◽  
Productive Output

The new growth theory establishes, among other things, that government expenditure can manipulate the economic growth of a country. This study attempts to explain whether government expenditure increases or decreases economic growth in the context of Sri Lanka. Results obtained employing a productive output series and applying an analytical framework based on second degree polynomial regression are generally consistent with previous findings: government expenditure and economic growth are positively correlated; excessive government expenditure is negatively correlated with economic growth; and investment promotes growth. In a separate section, the article examines Armey?s idea of a quadratic curve that explains the level of government expenditure in an economy and the corresponding level of economic growth [Armey, D. (1995). The Freedom Revolution. Washington, D.C.: Regnery Publishing Co.]. The findings confirm the possibility of constructing the Armey curve for Sri Lanka, and it estimates the optimal level of government expenditure to be approximately 27%. This article adds to the literature indicating that the Armey curve is a reality not only for developed economies, but also for developing economies.

scholarly journals The South African tax mix and economic growth

2014 ◽  
Vol 8 (2) ◽  
pp. 201-210 ◽  
Author(s):  
AH De Wet ◽  
NJ Schoeman ◽  
SF Koch
Keyword(s):  
Economic Growth ◽  
Fiscal Policy ◽  
South African ◽  
Government Spending ◽  
Government Expenditure ◽  
Indirect Taxation ◽  
Size Of Government ◽  
Direct Taxation ◽  
The Impact ◽  
Direct Tax

The research reported in this paper suggests that government fiscal policy can influence economic growth through alterations in the tax mix and the overall size of government spending.   The authors estimate the impact on economic growth of changes in fiscal policy via government expenditure, direct taxation and indirect taxation.  The results show that economic growth is negatively affected by increases in the size of government, as reflected in its expenditures and direct tax revenues, although significant indirect tax effects are not found.     

Panel data comparative analysis on the influence of population age structure on the size of government expenditure in Africa and Asia

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Chukwuebuka Bernard Azolibe
Keyword(s):  
Cross Sections ◽  
Age Structure ◽  
Government Expenditure ◽  
Empirical Literature ◽  
Size Of Government ◽  
Population Age Structure ◽  
Content Type ◽  
Time Period ◽  
The World ◽  
Age Structures

PurposeAfrica and Asia are the two most populous continents in the world and are projected to increase further in the near future and this puts the governments under great stress in terms of increased public expenditure and dealing with a low revenue generation. Thus, the purpose of this study is to assess the influence of population age structure on the size of government expenditure in Africa and Asia covering the period 1990–2018.Design/methodology/approachThe study employed panel fully modified ordinary least squares (FMOLS) estimation in estimating the relevant relationship between the variables in the model.FindingsThe key findings revealed that the major population age structures that influence the size of government expenditure in Africa are population aged 0–14 years and population aged 15–64 years, while that of Asia are population aged 15–64 years and population aged 65 years and above. The findings provided strong support for the Population Reference Bureau report (2019) that countries in Africa are home to some of the world's youngest population, that is, those aged 15 years or below, while Asia is home to some of the world's oldest population, that is, those aged 65 years and above.Research limitations/implicationsWhile generalized method of moments (GMM) estimation is beneficial in the presence of endogeneity, it is only designed for situations with a small time period (T) and a large number of cross sections (N). Hence, the estimation technique was limited only to FMOLS as the number of the cross sections or countries which is ten for Africa and ten for Asia is lower than the time period which is 29 years (1990–2018).Originality/valueEmpirical literature investigating the influence of population age structure on the size of government expenditure has focussed mainly on one aspect of the population age structure and government expenditure, which is the influence of ageing population on government expenditure on health. Hence, this study focussed on assessing the influence of population age structure on the size of government expenditure. The study is unique as it compared the two most populous continents in the world, which are Africa and Asia to determine which of the population age structures have the most significant influence on the size of government expenditure.

scholarly journals The Effect of Government on Economic Growth in Fiji

2003 ◽  
Vol 48 (01) ◽  
pp. 27-38
Author(s):  
D. P. Doessel ◽  
Abbas Valadkhani
Keyword(s):  
Economic Growth ◽  
Private Sector ◽  
Time Series Data ◽  
Empirical Relationship ◽  
Government Expenditure ◽  
Series Data ◽  
Size Of Government ◽  
High Productivity ◽  
Government Sector ◽  
The Government

This paper investigates the empirical relationship between the size of government and the process of economic growth in Fiji. The results reported here present a mixed picture, in that the model estimated specifies two different effects of the government sector on economic growth. Using annual time series data for the period 1964–1999, it is found that government expenditure exerts a strong beneficial impact on economic growth. However, marginal factor productivity in the government sector is found to be lower than that of the private sector. The reasons for this low productivity are two-fold: the result of the lack of market incentives and signals in the public sector and the involvement of Fiji's government in some activities which may be rationalised in terms of the socio-political objectives of the Fijian government. While recognising that there may be factors which may hinder the process of efficiency in the private sector, it can be argued that by shifting factors of production from the low productivity (government) sector to the high productivity (private) sector, the rate of growth of GNP will increase.

The optimal size of government

Public Choice ◽  
1987 ◽  
Vol 53 (2) ◽  
pp. 131-147 ◽  
Author(s):  
Philip J. Grossman
Keyword(s):  
Optimal Size ◽  
Size Of Government

scholarly journals Note on the Optimal Size of Government

2011 ◽  
Vol 3 ◽  
Author(s):  
Ting Chao Chiung
Keyword(s):  
Public Service ◽  
Budget Deficit ◽  
Nonprofit Organization ◽  
Pareto Optimum ◽  
Optimal Size ◽  
Balance Budget ◽  
Size Of Government ◽  
Budget Surplus

Since  government  is  a  nonprofit  organization,  I  apply  firmtheory under zero profit condition to analyze the optimal sizeof  government.  Government  should  minimize  short­runaverage  cost  while  demand  for  public  service  is  equal  tosupply  of  public  service.  The  optimal  size  of  governmentimplies  (1)  tax  is  minimized  under  balance  budget  givenpublic service and (2) budget surplus and budget deficit areinefficient (i.e., balance budget is Pareto optimum)

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