Government Expenditure and Economic Growth: A Cross-Country Study

1983 ◽  
Vol 49 (3) ◽  
pp. 783 ◽  
Author(s):  
Daniel Landau
Keyword(s):  
Economic Growth ◽  
Government Expenditure ◽  
Country Study ◽  
Cross Country

scholarly journals Testing Significance of Macroeconomic Variables in Explaining Aggregate Economic Growth: A Cross-Country Study

2021 ◽  
Author(s):  
Md Arifur Rahman
Keyword(s):  
Economic Growth ◽  
Government Expenditure ◽  
Ordinary Least Squares ◽  
Macroeconomic Variables ◽  
First Order ◽  
Independent Variables ◽  
Country Study ◽  
Annual Consumption ◽  
Cross Country ◽  
The Relationship

Abstract The paper studies the relationship between the aggregate economic growth and the macroeconomic variables during the period 1977-2016. A first-order autocorrelation in the dependent and independent variables was detected. The residuals of the ordinary least squares (OLS) model were also affected by heteroscedasticity. By applying multiple econometric estimation techniques, the study finds that annual consumption growth, government expenditure growth, and gross savings to GDP ratio are the most statistically significant macroeconomic variables in explaining the change in aggregate economic growth.

scholarly journals “DO WHAT IS RIGHT, COME WHAT MAY”: A CROSS-COUNTRY STUDY ON CHARITY

2017 ◽  
Vol 35 (68) ◽  
Author(s):  
Felipe Insunza Groba
Keyword(s):  
Public Policy ◽  
Government Expenditure ◽  
Demographic Variables ◽  
Economic Variables ◽  
Charitable Behavior ◽  
Logit Estimation ◽  
Country Study ◽  
Estimation Procedures ◽  
Cross Country ◽  
Econometric Tests

This article investigates the motivations behind charitable behavior and tries to access the role played by government in influencing its level. Considering impure altruistic models on charity, we regress 2010 cross-country charity data (money donations, volunteered time and help to strangers) on institutional, demographics and economic variables, using SURE, OLS and Fractional Logit estimation procedures. Our econometric tests show institutional and demographic variables are even more relevant than the so-called crowd-out effect from government expenditure in determining charitable behavior. These findings indicate the design of oriented public policy may not be enough for the development of a pro-charity ethos.

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