Government Consumption And Economic Growth
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Government Expenditure And Economic Growth
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 1989-05-15
Government Expenditure And Economic Growth written by International Monetary Fund 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 1989-05-15 with Business & Economics categories.
This paper examines the empirical evidence on the contribution that government and, in particular, capital expenditure make to the growth performance of a sample of developing countries. Using the Denison growth accounting approach, this study finds that social expenditures may have a significant impact on growth in the short run, but infrastructure expenditures may have little influence. While current expenditures for directly productive purposes may exert a positive influence, capital expenditure in these sectors appears to exert a negative influence. Experiments with other explanatory variables confirm the importance of the growth of exports to the overall growth rate.
Government Spending Taxes And Economic Growth
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Author : Mr.Paul Cashin
language : en
Publisher: International Monetary Fund
Release Date : 1994-08-01
Government Spending Taxes And Economic Growth written by Mr.Paul Cashin 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 1994-08-01 with Business & Economics categories.
This paper develops an endogenous growth model of the influence of public investment, public transfers, and distortionary taxation on the rate of economic growth. The growth-enhancing effects of investment in public capital and transfer payments are modeled, as is the growth-inhibiting influence of the levying of distortionary taxes which are used to fund such expenditure. The theoretical implications of the model are then tested with data from 23 developed countries between 1971 and 1988, and time series cross sectional results are obtained which support the proposed influence of the public finance variables on economic growth.
Economic Growth Of Singapore In The Twentieth Century Historical Gdp Estimates And Empirical Investigations
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Author : Ichiro Sugimoto
language : en
Publisher: World Scientific
Release Date : 2011-01-12
Economic Growth Of Singapore In The Twentieth Century Historical Gdp Estimates And Empirical Investigations written by Ichiro Sugimoto and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-01-12 with Business & Economics categories.
Research on Singapore's economic history has been complicated by the absence of economic data on pre-independence Singapore. This book aims to fill the gap by presenting a time-series of historical GDP estimates for the periods 1900-39 and 1950-60. The new data presented in the book sheds light on two key aspects of Singapore's economic history, namely the relationship between economic instability and growth, as well as the government's fiscal policy towards economic growth. As the first comprehensive empirical economic history of twentieth-century Singapore, this book is a valuable reference source for academics and graduate students interested in development and empirical economics.
The Causes Of Government And The Consequences For Growth And Well Being
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Author : Simon Commander
language : en
Publisher: World Bank Publications
Release Date : 1999
The Causes Of Government And The Consequences For Growth And Well Being written by Simon Commander 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 1999 with categories.
June 1997 A range of factors drive size of government: relative prices, the age-dependency ratio, how long a country has been independent, relative political freedom, and openness in trade. Larger governments tend to limit growth, but that tendency can be offset by well-functioning institutions and high-quality bureaucracy. Size of government is not the only issue that matters. Using a large cross-country data set, Commander, Davoodi, and Lee examine the factors that cause governments to grow and analyze how the size of government affects growth, whether measured as income growth or other measures of well-being, such as infant mortality and life expectancy. They find no robust link between government size and per capita income. The factors they find to be important in explaining government size are relative prices, the age-dependency ratio, how long a country has been independent, relative political freedom, and openness in trade. Their results also partially support the view that governments use consumption to buffer external risk, especially in low-income countries. As for how government size affects growth, they find a robust and significant negative relationship between growth and government size, as measured by consumption. Policy distortions, predictably, also have a negative effect on growth. But the positive effects of well-functioning institutions and high quality in government bureaucracies can offset the negative influence of large government size alone. Finally, they find that social-sector spending can exert a positive influence by reducing infant mortality and raising life expectancy. Better income distribution, higher per capita income, higher per capita income growth, and more political freedom have the same positive effect on those two measures of well-being. This paper - a joint product of the Office of the Senior Vice President, Development Economics and Chief Economist, and New Products and Outreach Division, Economic Development Institute - was prepared as a background paper for World Development Report 1997 on the role of the state in a changing world.
Government Consumption And Economic Growth
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Author : Pak-hung Mo
language : en
Publisher:
Release Date : 2002
Government Consumption And Economic Growth written by Pak-hung Mo and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Expenditures, Public categories.
Government Consumption And Economic Growth
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Author : Pak-hung Mo
language : en
Publisher:
Release Date : 1999
Government Consumption And Economic Growth written by Pak-hung Mo and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Expenditures, Public categories.
Economic Growth And Government Spending In Saudi Arabia
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Author : Mr.Saad A. Alshahrani
language : en
Publisher: International Monetary Fund
Release Date : 2014-01-13
Economic Growth And Government Spending In Saudi Arabia written by Mr.Saad A. Alshahrani 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 2014-01-13 with Business & Economics categories.
This paper empirically examines the effects of different types of government expenditures, on economic growth in Saudi Arabia. We use different econometric techniques to estimate the short- and long-run effects of these expenditures on growth and employ annual data over the period 1969-2010. Our findings indicate that while private domestic and public investments, as well as healthcare expenditure, stimulate growth in the long-run, openness to trade and spending in the housing sector can also boost short-run production. These findings draw some policy implications for Saudi policymakers on maximizing the returns of the government spending on economic growth.
Size And Role Of Government
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Author : Marc Labonte
language : en
Publisher: DIANE Publishing
Release Date : 2010-11
Size And Role Of Government written by Marc Labonte and has been published by DIANE Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-11 with Political Science categories.
The size of gov¿t. has increased significantly since the financial crisis of 2008 as a result of the government¿s unplanned intervention in financial markets and subsequent stimulus legislation. Contents of this report: (1) How Does the Gov¿t. Affect the Economy?; (2) How Large is the Gov¿t.?; (3) Effect of the Gov¿t. on Economic Efficiency: What is a Market Failure?; Public Goods; Common Resources; Monopoly Power; Externalities; Asymmetric Information; Failure to Optimize; How Do Taxes Affect Economic Efficiency?; Balancing Economic Efficiency With Other Goals; (4) Effect of the Gov¿t. on Economic Growth: Effect of Spending, Transfers, Taxes, and Regulation. Charts and tables.
Economic Growth And Development In Singapore
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Author : Peter Wilson
language : en
Publisher: Edward Elgar Publishing
Release Date : 2002-10-29
Economic Growth And Development In Singapore written by Peter Wilson and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-10-29 with Business & Economics categories.
In this book Gavin Peebles and Peter Wilson offer an historical overview of the rapid growth and development of the Singapore economy, detailing the institutions and policies which have made this growth possible. They examine the current state of the economy and its future in terms of prospective growth and structural change.
Government Size And Implications For Economic Growth
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Author : Andreas Bergh
language : en
Publisher: AEI Press
Release Date : 2010-07-16
Government Size And Implications For Economic Growth written by Andreas Bergh and has been published by AEI Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-07-16 with Business & Economics categories.
Government Size and Economic Growth concludes that, in every case, economic freedom is a crucial determinant of economic growth_suggesting that government intervention in the marketplace may be the wrong approach to solving the economic crisis.