Effect Of Government Expenditure On Economic Growth In East Africa
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Effect Of Government Expenditure On Economic Growth In East Africa
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Author : Naftaly Mose
language : en
Publisher:
Release Date : 2022
Effect Of Government Expenditure On Economic Growth In East Africa written by Naftaly Mose and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with categories.
The goal of this research was to investigate empirically how government expenditure contributes to economic growth in East Africa from 1980-2010. Using balanced panel fixed effect model, government expenditure was disaggregated to scrutinize its effect of growth. The study tested for panel unit root and found that only two variables, that is, GDP and investment expenditure are stationary at level. The finding confirms the conventional view that relative investment expenditure promotes economic growth while consumption retards it. Finally, human capital expenditure was found to be insignificant. This study suggests that for East Africa, the policy of increasing government expenditure on investment budget to promote economic growth will be appropriate, but fewer funds should be channeled towards other governmental programs.
Economic Growth
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Author : David Mwiti Mukiri
language : en
Publisher: IPR Journals and Book Publishers
Release Date : 2022-12-30
Economic Growth written by David Mwiti Mukiri and has been published by IPR Journals and Book Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-12-30 with Business & Economics categories.
TOPICS IN THE BOOK Effects of Institutional Reforms on Financial Sector Development in Selected East Africa Community Member States Determinants of Equilibrium Real Exchange Rate and It’s Misalignment in Kenya 2000-2016: An Autoregressive Distributed Lag Approach Effect of Macroeconomic Factors on Economic Growth in Kenya Wage Determination in the Domestic Services Sector in Kahawa and Githurai Estates in Kiambu County, Kenya
The Impact Of Foreign Aid On Public Expenditure
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Author : James Njeru
language : en
Publisher:
Release Date : 2003
The Impact Of Foreign Aid On Public Expenditure written by James Njeru and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Economic assistance categories.
Effect Of County Government Expenditure On County Economic Growth
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Author : Naftaly Mose
language : en
Publisher:
Release Date : 2022
Effect Of County Government Expenditure On County Economic Growth written by Naftaly Mose and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with categories.
From past empirical works, the role of expenditure on economic growth appears to provide inconclusive results. Despite this uncertainty, public finance theory suggests that expenditure induce growth. In Kenya, economic growth has been fluctuating despite the devolved expenditure increasing over time. It is against this background that this study was carried out to investigate empirically the short-run and long-run effect of components of county spending on growth in Kenya using ARDL and ECM estimates for the period 2013 to 2017.The ARDL results revealed that spending on recurrent expenditure exerts a positive and significant effect on economic growth both in short-run and long-run hence confirming Keynesian theory in Kenya. However, capital expenditure was insignificant during the study period. From a recommendation standpoint, this study submits that the policymakers need to put in place policies that will improve budget allocation and execution so as to improve expenditure increase to capital infrastructure. This is necessary since counties lack infrastructures that help promote private capital accumulation and consequently county economic growth.
Effect Of Public Debt And Budget Deficit On Kenya S Economic Growth
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Author : Michael Kithinji
language : en
Publisher: GRIN Verlag
Release Date : 2022-06-07
Effect Of Public Debt And Budget Deficit On Kenya S Economic Growth written by Michael Kithinji and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-06-07 with Political Science categories.
Bachelor Thesis from the year 2021 in the subject Politics - Region: Africa, , language: English, abstract: This paper discusses the effect of public debt and budget deficit on Kenya's economic growth. Kenya's public debt has proliferated, precipitating debate on its impact on economic performance and causing public anxiety. The purpose of this quantitative ex post facto study was to investigate the long run and causal relationship between Kenya's public debt and economic growth. Keynesian's theory, Ricardian equivalence theory, and neoclassical theory provided the framework for the study. Research questions one and two address the causal relationship between public debt and select covariates as independent variables and actual gross domestic product (GDP) growth rate as the dependent variable. Research question three addresses the relationship between primary budget balance and public debt. Archival data were analyzed using the vector error correction model and autoregressive distributed lag methods. Findings show a positive long-run causality between public debt and real GDP growth. The relationship between primary budget balance and public debt is positive and statistically significant, demonstrating that Kenya's debt is sustainable. Findings may be used to promote the adoption of fiscal policies that increase economic growth, savings, investments, job creation, and living standards of Kenyans. For a good economy to thrive in any given country, there should be plenty of productive resources for its needs at that particular time. In most countries, especially Kenya, needs are growing while the resources to meet them are insufficient or even depleted completely. The growing budget has become a problem for the Kenyan government since our economies are expanding. However, the rate is not able to meet the rising demand for the ever-increasing population. At this level, the country is forced to procure internal and external debts to finance its budget deficit. However, in the long run, this does not solve the problem because the investment programs do not give good returns, hence losing.
The Evaluation Of Public Expenditure In Africa
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Author : Henry J. Bruton
language : en
Publisher: World Bank Publications
Release Date : 1996-01-01
The Evaluation Of Public Expenditure In Africa written by Henry J. Bruton and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996-01-01 with Business & Economics categories.
World Bank Technical Paper No. 335. Describes the World Bank's successful interventions in three international river basins--the Indus, the Mekong, and the Aral Sea--to foster riparian dialogue, cooperation, and agreements. The paper highlights the Bank's successes in these basins as model strategies to follow for avoiding the adverse impacts that riparian conflicts may have on economic development in other regions.
The Efficiency Of Government Expenditure
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Author : Ms.Keiko Honjo
language : en
Publisher: International Monetary Fund
Release Date : 1997-11-01
The Efficiency Of Government Expenditure written by Ms.Keiko Honjo and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-11-01 with Business & Economics categories.
This paper assesses the efficiency of government expenditure on education and health in 38 countries in Africa in 1984-95, both in relation to each other and compared with countries in Asia and the Western Hemisphere. The results show that, on average, countries in Africa are less efficient than countries in Asia and the Western Hemisphere; however, education and health spending in Africa became more efficient during that period. The assessment further suggests that improvements in educational attainment and health output in African countries require more than just higher budgetary allocations.
Government Expenditures In Kenya 1950 2014 Determinants And Agricultural Growth Effects
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Author : Benin, Samuel
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2018-11-29
Government Expenditures In Kenya 1950 2014 Determinants And Agricultural Growth Effects written by Benin, Samuel and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-11-29 with Political Science categories.
Annual data on Kenya from 1950 to 2014 are used to analyze the determinants of the level and composition of government expenditures and estimate the agricultural-output returns to the different types of government expenditures. The paper analyzes expenditures for six functions (general administration, defense, education, health, agriculture, and other economic functions—transport, communications, etc.) as well as the capital-to-recurrent expenditure ratios within each of the six functions. Simultaneous equations modeling methods are employed, and different diagnostic tests are used to check for and address issues with stationarity, causality, and autocorrelation. Different model specifications are used to assess the sensitivity of the results to using different measures and combinations of the conceptual variables that are hypothesized to affect the composition of government expenditures and agricultural production.
Problems Of Economic Development In East Africa
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Author : East African Institute of Social and Cultural Affairs
language : en
Publisher:
Release Date : 1965
Problems Of Economic Development In East Africa written by East African Institute of Social and Cultural Affairs and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1965 with Business & Economics categories.
The Impact Of Government Expenditure On Economic Growth Of The Economic Community Of West African States Ecowas
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Author : Lazarus Zungwe Wanjuu
language : en
Publisher:
Release Date : 2016
The Impact Of Government Expenditure On Economic Growth Of The Economic Community Of West African States Ecowas written by Lazarus Zungwe Wanjuu and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with Africa categories.