Government expenditure and economic growth: Evidence from panel data

Government expenditure and economic growth: Evidence from panel data

The impact of government expenditure on economic growth was first investigated empirically by Adolf Wagner. Wagner suggests that there is a causal relationship between government spending and economic development. Government expenditure is considered as the outcome of economic activities. However,...

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Main Author: Maizatul Mazni, Zainun @ Zainol
Format: Thesis
Language:eng
eng
Published: 2017
Subjects:
HB Economic Theory
HJ Public Finance
Online Access:https://etd.uum.edu.my/7029/1/s819586_01.pdf
https://etd.uum.edu.my/7029/2/s819586_02.pdf
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id my-uum-etd.7029
record_format uketd_dc
institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
advisor Nayan, Sabri
topic HB Economic Theory
HJ Public Finance
spellingShingle HB Economic Theory
HJ Public Finance
Maizatul Mazni, Zainun @ Zainol
Government expenditure and economic growth: Evidence from panel data
description The impact of government expenditure on economic growth was first investigated empirically by Adolf Wagner. Wagner suggests that there is a causal relationship between government spending and economic development. Government expenditure is considered as the outcome of economic activities. However, Keynesian hypothesis agrees that the causality direction runs from government expenditure to economic activities. This paper is important to reveal a clear understanding to policy makers and governments about inter-linkages between government spending and economic growth. Using Panel Data approach, the study examines the impact of government expenditure on economic growth for ASEAN-5 countries and investigates the causal relationship between the variables. The result shows that government expenditure has a positive significant relationship with economic growth. Government should ensure that expenses of the governments are properly managed. A proper managed government budget will be benefit to productivity of the country. For future research, both quantitative and qualitative data should be used to explain the relationship between government expenditure and economic growth
format Thesis
qualification_name other
qualification_level Master's degree
author Maizatul Mazni, Zainun @ Zainol
author_facet Maizatul Mazni, Zainun @ Zainol
author_sort Maizatul Mazni, Zainun @ Zainol
title Government expenditure and economic growth: Evidence from panel data
title_short Government expenditure and economic growth: Evidence from panel data
title_full Government expenditure and economic growth: Evidence from panel data
title_fullStr Government expenditure and economic growth: Evidence from panel data
title_full_unstemmed Government expenditure and economic growth: Evidence from panel data
title_sort government expenditure and economic growth: evidence from panel data
granting_institution Universiti Utara Malaysia
granting_department School of Economics, Finance & Banking
publishDate 2017
url https://etd.uum.edu.my/7029/1/s819586_01.pdf
https://etd.uum.edu.my/7029/2/s819586_02.pdf
_version_ 1747828147935510528
spelling my-uum-etd.70292021-05-10T01:03:20Z Government expenditure and economic growth: Evidence from panel data 2017 Maizatul Mazni, Zainun @ Zainol Nayan, Sabri School of Economics, Finance & Banking School of Economics, Finance and Banking (SEFB) HB Economic Theory HJ Public Finance The impact of government expenditure on economic growth was first investigated empirically by Adolf Wagner. Wagner suggests that there is a causal relationship between government spending and economic development. Government expenditure is considered as the outcome of economic activities. However, Keynesian hypothesis agrees that the causality direction runs from government expenditure to economic activities. This paper is important to reveal a clear understanding to policy makers and governments about inter-linkages between government spending and economic growth. Using Panel Data approach, the study examines the impact of government expenditure on economic growth for ASEAN-5 countries and investigates the causal relationship between the variables. The result shows that government expenditure has a positive significant relationship with economic growth. Government should ensure that expenses of the governments are properly managed. A proper managed government budget will be benefit to productivity of the country. For future research, both quantitative and qualitative data should be used to explain the relationship between government expenditure and economic growth 2017 Thesis https://etd.uum.edu.my/7029/ https://etd.uum.edu.my/7029/1/s819586_01.pdf text eng public https://etd.uum.edu.my/7029/2/s819586_02.pdf text eng public other masters Universiti Utara Malaysia Abu, N. (2010). Saving-Economic Growth Nexus in Nigeria, 1970-2007: Granger Causality and Cointegration Analyses. Review of Economic and Business Studies, 3(1), 93-104. Abu, N. & Abd. 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