Government Expenditures and Third World Economic Growth: The Impact of Defense Expenditures

2019 ◽  
pp. 41-60
Author(s):  
Robert E. Looney ◽  
David Winterford
Keyword(s):  
Economic Growth ◽  
Third World ◽  
Government Expenditures ◽  
World Economic ◽  
The Impact

scholarly journals The Relationship Between Government Expenditures on Education and Economic Growth: The Case of Azerbaijan

2020 ◽  
Vol 11 (1) ◽  
pp. 195
Author(s):  
Shahriyar Mukhtarov ◽  
Ilkin Mammadov ◽  
Sugra Humbatova
Keyword(s):  
Economic Growth ◽  
Total Population ◽  
Capital Formation ◽  
Government Expenditures ◽  
Educational Investment ◽  
Concerted Effort ◽  
Policy Makers ◽  
Long Run ◽  
The Impact ◽  
The Relationship

This paper investigates the impact of government’s education expenditures, gross capital formation and total population on economic growth in Azerbaijan during 1995-2018 using the different cointegration methods, namely, ARDLBT, DOLS, and CCR. The results from cointegration methods approve presence of long-run relationship among the variables. The estimation results show that government’s expenditures on education, gross capital formation and total population have a positive and statistically significant impact on economic growth in the long-run. The paper concludes that a concerted effort should be made by policy makers to increase educational investment in order to escelate economic growth.

The impact of ICT investment on world economic growth

2016 ◽  
Vol 40 (5) ◽  
pp. 381-382 ◽  
Author(s):  
Dale W. Jorgenson ◽  
Khuong M. Vu
Keyword(s):  
Economic Growth ◽  
World Economic ◽  
The Impact

The Impact of Bureaucratic-Authoritarian Rule on Economic Growth

1985 ◽  
Vol 18 (1) ◽  
pp. 123-136 ◽  
Author(s):  
YOUSSEF COHEN
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Third World ◽  
Interrupted Time Series ◽  
Authoritarian Regimes ◽  
Authoritarian Rule ◽  
Series Design ◽  
Democratic Regimes ◽  
The Impact ◽  
Interrupted Time Series Design

The question posed in this article is whether the record of economic growth of Third World countries so far supports the claim that at a certain stage late industrialization is best served by bureaucratic-authoritarian regimes. A multiple interrupted time-series design is used to assess and compare the impact of bureaucratic-authoritarian and democratic regimes on economic growth in South America.

Impact of Development Finance Institutions on Economic Growth: Implications for Reconstruction and Development Fund of Uzbekistan

2018 ◽  
Vol 4 (2) ◽  
pp. 84-88
Author(s):  
Inomjon Jumaniyozov
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Financial Development ◽  
Developing Economies ◽  
Global Development ◽  
Development Fund ◽  
Development Finance ◽  
Development Institutions ◽  
World Economic ◽  
The Impact

The International financial system has been increasingly supporting the economic growth in all economic groups of countries by offering a range of opportunities to push development paces. Establishment of financial development institutions is growth driving engine of both developed and developing countries through development-oriented projects and funding tools. However, developing economies are facing particular challenges in prioritizing the basic financing areas through the development of financial tools. This article analyses the impact of global development finance institutions on world economic growth and proposes policy and research-oriented recommendations for Reconstruction and Development Fund of Uzbekistan.

scholarly journals Information Technology and the World Growth Resurgence

2007 ◽  
Vol 8 (2) ◽  
pp. 125-145 ◽  
Author(s):  
Dale W. Jorgenson ◽  
Khuong Vu
Keyword(s):  
Economic Growth ◽  
Information Technology ◽  
World Economy ◽  
It Investment ◽  
The World ◽  
World Economic ◽  
Per Capita ◽  
The Impact ◽  
Capita Output ◽  
World Output

Abstract This paper analyzes the impact of investment in information technology (IT) on the recent resurgence of world economic growth. We describe the growth of the world economy, seven regions, and 14 major economies during the period 1989-2004. We allocate the growth of world output between input growth and productivity and find, surprisingly, that input growth greatly predominates! Moreover, differences in per capita output levels are explained by differences in per capita input, rather than variations in productivity. The contributions of IT investment have increased in all regions, but especially in industrialized economies and Developing Asia.

scholarly journals The Impact of Government Expenditures upon Economic Growth in Post-Communist Countries

2013 ◽  
Vol 60 (1) ◽  
pp. 126-134 ◽  
Author(s):  
Marius Sorin Dincă ◽  
Gheorghița Dincă
Keyword(s):  
Economic Growth ◽  
Government Expenditure ◽  
Government Expenditures ◽  
National Defense ◽  
East European ◽  
Real Gdp Per Capita ◽  
The Government ◽  
Communist Countries ◽  
The Impact ◽  
The Relationship

Abstract This paper examines the relationship between the structure and share of government expenditure into Gross Domestic Product (GDP) and the real GDP per capita. Our study uses a micro panel data for a sample made of ten countries from Central and East European, for the period 2002-2012. The empirical results of the linear regression show that the GDP/capita is positively correlated with public order and safety expenditures as well as with economic actions, while national defense and general public services are negatively correlated. The results obtained largely correspond with the ones reached by other researchers approaching the topic of the relationship between economic growth and composition of the government expenditures. The health and education expenses, though instrumental for the long-term development of any society, did not show any significant impact upon the evolution of the GDP/capita, probably as a result of the short-term available data.

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