scholarly journals A Study on Assessing Government Size, the Composition of Public Spending on Education and Economic Growth in the USA

2021 ◽  
Vol 11 (1) ◽  
pp. 1-8
Author(s):  
Wing Yee Choi
Keyword(s):  
Economic Growth ◽  
Public Spending ◽  
Government Size ◽  
The Usa ◽  
Education And Economic Growth

Government size, composition of public spending and economic growth in Brazil

2020 ◽  
Vol 91 ◽  
pp. 155-166
Author(s):  
Jose Angelo Divino ◽  
Daniel T.G.N. Maciel ◽  
Wilfredo Sosa
Keyword(s):  
Economic Growth ◽  
Public Spending ◽  
Size Composition ◽  
Government Size

Government Size and Economic Growth: An Empirical Examination of Selected Emerging Economies

2021 ◽  
pp. 227797872097988
Author(s):  
Megha Jain ◽  
Aishwarya Nagpal ◽  
Abhay Jain
Keyword(s):  
Economic Growth ◽  
Public Spending ◽  
Government Size ◽  
Empirical Examination ◽  
Data Set ◽  
System Gmm ◽  
The Public ◽  
Emerging Nations ◽  
The Government ◽  
Investment Spending

The current study attempts to examine the linkage between government (public) spending and economic growth in the broader framework of selected South Asian Nations (SANs), BRICS and other emerging nations by using two sets of empirical modelling over the period 2007–2016 by using inverted U-shaped hypothesis, propounded by Armey curve (1995). The first set has employed system GMM technique to explore the presence of the Armey curve hypothesis using the square term of government size, while the second set has used the threshold regression using system GMM panel modelling to investigate the subsequent reversals (tipping point). The key findings signify the existence of an inverted U-shaped relationship for the selected data set of emerging nations and, therefore, support the Armey curve hypothesis. The projected threshold (tipping) levels (as a percentage of GDP) are 24.31% for the government total expenditures (GTotExp), 12.92% for consumption spending (GConExp) and 7.11% for investment spending (GInvExp). It has been observed that a rise in the public spending (size) resulted in a substantial increase (decrease) in the growth rate when the public spending was before (after) the optimal threshold level, indicating a non-monotonic association. The findings of the study also suggest a policy implication that public spending could only be a short-term measure to deal with crises in any nation, but not a long-term solution. JEL Classification: C23, C33, E60, E62, H00, H50, O40, O50

Government size and efficiency as constraints to economic growth: comparing Croatia with other European countries

2014 ◽  
Vol 26 (3) ◽  
pp. 297-323 ◽  
Author(s):  
Marijana Bađun ◽  
Vedrana Pribičević ◽  
Milan Deskar-Škrbić
Keyword(s):  
Economic Growth ◽  
European Countries ◽  
Government Size
Sign in / Sign up

Export Citation Format

Share Document