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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HB Economic Theory HJ Public Finance Maizatul Mazni, Zainun @ Zainol Government expenditure and economic growth: Evidence from panel data |
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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 |
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Thesis |
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Master's degree |
author |
Maizatul Mazni, Zainun @ Zainol |
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Maizatul Mazni, Zainun @ Zainol |
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Maizatul Mazni, Zainun @ Zainol |
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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 |
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Government expenditure and economic growth: Evidence from panel data |
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Government expenditure and economic growth: Evidence from panel data |
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government expenditure and economic growth: evidence from panel data |
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Universiti Utara Malaysia |
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School of Economics, Finance & Banking |
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2017 |
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https://etd.uum.edu.my/7029/1/s819586_01.pdf https://etd.uum.edu.my/7029/2/s819586_02.pdf |
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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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