Theoretical and Applied Economics
No. 4 / 2021 (629), Winter
The impact of government spending on the economic growth of a sample of developing countries using panel data
University of Ali Lounici Blida 2, Algeria
Abstract. The following study aims to study the impact of government spending on economic growth for the period (2005-2019) using panel data on a sample of (15) developing countries. The Pooled Mean Group Estimator (PMG) method was used to estimate the study model. The results of which showed in the short and long run the existence of a significant and direct relationship between government spending and economic growth in the countries under study. This is consistent with most of the previous studies and the Keynesian theory, which indicate that government spending is one of the components of effective aggregate demand, which is positively reflected on the gross domestic product through its ability to create new individual incomes, and thus a rise in the productivity and consumption of economic agents.
Keywords: government spending, economic growth, panel data, (PMG).
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Contents
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in three Asian markets:
Based on DCC-GARCH approach
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- Non-linear effect of public debt on economic growth:
The case of Tunisia
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- Application of single Sharpe index on the optimal portfolio
construction using Indian blue-chip stocks
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- Budget policy, economic cycle and debt in the West African
Economic and Monetary Union (WAEMU) countries:
Empirical evidence based on a regime change model
Sèwanoudé Honoré HOUNGBEDJI
- The impact of government spending on the economic growth
of a sample of developing countries using panel data
Amine TAMMAR
- The evolution of consumer prices –
the main brake on economic growth
Constantin ANGHELACHE
Mădălina-Gabriela ANGHEL
Ștefan Virgil IACOB
- Analysis of income inequalities
in the pre-pandemic COVID-19 period
Amalia CRISTESCU
Larisa STĂNILĂ
Eva MILITARU
