Share of actual public expenditure on agriculture over total budget

2021 ◽

pp. 1-40

Author(s):

Bahaa Awwad ◽

Jafar Zidan

Keyword(s):

Government Spending ◽

Budget Deficit ◽

Public Expenditure ◽

Investment Projects ◽

The Public ◽

Total Budget ◽

Revenue Sources ◽

Ministry Of Finance ◽

The Impact

This study aims to study and analyze the clearance tax revenues, public expenditure, and the budget deficit between the years (1996-2019) in Palestine, and to discover the impact of the clearance tax crisis on current expenditures, developmental expenditures, and the budget deficit. In order to complete this study and achieve its purpose, the descriptive-analytical method and the quantitative approach were adopted. Financial data was collected from publications of the Palestinian Monetary Authority and the Palestinian Ministry of Finance. The study concluded that the clearance revenue crisis impacted the current expenditures and the total budget deficit or surplus. In addition, the study showed that there was no effect of this crisis on developmental expenditures. The study recommended restructuring economic agreements with Israel, more specifically the Paris Economic Protocol. Furthermore, the reliance on clearance tax in financing operational and development expenditures should be reduced by diversifying public revenue sources through various investment projects, restructuring the tax system in Palestine, developing the tax collection system, and reducing government spending to the maximum in order to reduce the budget deficit and repay the public debt.

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The Relationship Between Public Expenditure and Economic Growth In Kosovo: Findings from a Johansen Co-Integrated Test and a Granger Causality Test

Ekonomika ◽

10.15388/ekon.2018.1.11778 ◽

2018 ◽

Vol 97 (1) ◽

pp. 47-62 ◽

Cited By ~ 1

Author(s):

Leke Pula ◽

Alban Elshani

Keyword(s):

Economic Growth ◽

Granger Causality ◽

Public Expenditure ◽

Time Series Data ◽

Granger Causality Test ◽

Series Data ◽

Causality Test ◽

Total Budget ◽

The Relationship ◽

Budget Revenue

In the scientific literature, there are two opposing views on the relationship between public expenditure and economic growth. The Keynesian view states that public expenditure is an exogenous factor that influences economic growth and can be used as a policy instrument. This point of view is in contrast to the Wagner view that the public expenditure is seen as an endogenous factor or an outcome, not a cause, of economic growth. The primary objective of this study is to test the views of Keynes’s versus Wagner’s in the case of Kosovo by using Public Expenditure (G), Gross Domestic Product and three other components of GDP: Foreign Direct Investment (FDI), Export (EXP) and Total Budget Revenue (TRtax); the variables used in this analysis are quarterly time series data spanning from 2004–2016. To accomplish the set objectives, the Johansen co-integrated technique is used to investigate the long-run relationship between public expenditure and economic growth, while the Granger causality test is used to know the direction of flow between variables. This study discovers that there is a unidirectional causality between government expenditures and economic growth in Kosovo. It is also found that there is a bidirectional causality between total budget revenue and public expenditure. On the other hand, results also provide evidence that there is a bidirectional causality between export and economic growth. Moreover, the results for Kosovo indicate that data for the period considered support the Keynesian view.

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Role of Public Expenditure in Economic Growth: Econometric Evidence from Kosovo 2002–2015

Baltic Journal of Real Estate Economics and Construction Management ◽

10.2478/bjreecm-2018-0006 ◽

2018 ◽

Vol 6 (1) ◽

pp. 74-87 ◽

Cited By ~ 1

Author(s):

Lekë Pula ◽

Alban Elshani

Keyword(s):

Economic Growth ◽

Time Series ◽

Public Expenditure ◽

Positive Impact ◽

Statistical Tests ◽

Series Data ◽

Total Budget ◽

Study Results ◽

The Impact ◽

Budget Revenue

Abstract The aim of the study is to examine the impact of public expenditure on economic growth of Kosovo. Time series data span for the period of time 2002-2015. The structure of the econometric model is built on Keynesian theories and endogenous growth model. The model estimation is performed only after implementing the Augmented Dickey-Fuller (ADF) Unit Root test to estimate if time series are stationary. Several tests have been implemented to determine model validity. The model has met all the assumptions of statistical tests: error term residuals have a normal distribution (Jarque-Bera test), there is no auto-correlation between variables (Breusch-Godfrey Serial test), and error variances are constant, known as the principle of homoscedasticity (Breusch-Pagan-Godfrey test). Gross domestic product is used as a dependent variable in the model, while public expenditure (G), foreign direct investment (FDI), export (EXP) and total budget revenue (TrTax) are used as the endogenous variables. The study results have revealed that there is a positive and statistically significant effect of public expenditures and exports on economic growth. Total budget revenue has a positive impact on economic growth but this has not been proved to be statistically significant. The authors of the research have also found out that FDI is negative and statistically insignificant.

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Russia’s fiscal stimulus and fiscal sustainability

Voprosy Ekonomiki ◽

10.32609/0042-8736-2013-10-90-108 ◽

2013 ◽

pp. 90-108 ◽

Cited By ~ 2

Author(s):

N. Akindinova ◽

N. Kondrashov ◽

A. Cherniavsky

Keyword(s):

Government Spending ◽

Public Expenditure ◽

Oil Prices ◽

Fiscal Sustainability ◽

Macroeconomic Model ◽

Sharp Drop ◽

Fiscal Stimulus ◽

Fiscal Multipliers ◽

Russian Economy ◽

The Impact

This study examines the impact of public expenditure on economic growth in Russia. Fiscal multipliers for various items of government spending are calculated by means of our macroeconomic model of the Russian economy. Resources for fiscal stimulus and optimization are analyzed. In this study we assess Russia’s fiscal sustainability in conditions of various levels of oil prices. We conclude that fiscal stimulus is ineffective in Russia, while fiscal sustainability in conditions of a sharp drop in oil prices is relatively low.

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The Impact of the Public Expenditure Cuts Policy on the Labor Market in Vietnam

Journal of Economics and Development ◽

10.33301/2012.14.03.02 ◽

2012 ◽

pp. 22-46

Author(s):

Huong Nguyen Thi Lan ◽

Toan Pham Ngoc

Keyword(s):

Labor Market ◽

Computable General Equilibrium ◽

Impact Evaluation ◽

Public Expenditure ◽

Computable General Equilibrium Model ◽

Living Standard ◽

Input Output ◽

Policy Makers ◽

The Public ◽

The Impact

The purpose of this study is to evaluate the impact of public expenditure cuts on employment and income to support policies for the development of the labor mar- ket. Impact evaluation is of interest for policy makers as well as researchers. This paper presents a method – that is based on a Computable General Equilibrium model – to analyse the impact of the public expenditure cuts policy on employment and income in industries and occupations in Vietnam using macro data, the Input output table, 2006, 2008 and the 2010 Vietnam Household Living Standard Survey.

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