2 edition of Government expenditure and economic development found in the catalog.
Government expenditure and economic development
Mohamed Abdel Rahman Ali
Bibliography: p. 151-156.
|Statement||by Mohamed Abdel Rahman Ali.|
|LC Classifications||HC591.S8 A67|
|The Physical Object|
|Pagination||156 p.,  leaves of plates :|
|Number of Pages||156|
|LC Control Number||75980111|
economic development. (The elements of good governance are summarized in the next section.) That said, public expenditure management is instrumental in nature. There is a necessary distinction between the expenditure policy question of “what” is to be done, and the expenditure management question of “how” it is to be done. It is true File Size: 1MB. Economic Growth: Increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP, usually in per capita terms. Military Spending: Public expenditure incurred on defense and non-civilian : Saptarshi Chakraborty.
In this study, the dynamic causal relationship between government expenditure and economic growth is examined using data from South Africa, the most advanced economy in Africa. The study uses the recently developed auto-regressive distributed lag model (ARDL)-bounds testing approach to examine this linkage. In order to address the omission of variable bias, the study incorporates Cited by: The government spending components in the vector X 1 are obtained by disaggregating government expenditure into military expenditure, using the NATO definition 4; gross domestic investment 5 (i.e. gross fixed capital formation), including all additions to the stock of fixed assets (purchases and own-account capital formation) less any sales of Cited by:
independence and this study sets out to investigate the role of government expenditure components on economic growth for this period. Public expenditure policy in Kenya The size and distribution of government expenditure have changed remarkably since Kenya got her independence. (Jerono, ). Government spending in the United States is estimated to reach $ trillion in These funds are divided into three categories: discretionary spending, mandatory spending and interest on a business owner, it's essential to have a good understanding of the government expenditure because it indicates where your money goes and what the economy looks like.
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An analysis of the relationship between published interim accounting earnings and future interim accounting earnings
Between government expenditure and growth is linear or non-linear thereby raising the issue of whether there exists an optimum size of government expenditure for an economy. Over the years, fiscal operations in Nigeria show a steady increase in government expenditure vis-à-vis sub-optimal economic performance (measured by growth in GDP).File Size: KB.
economic development. Following Ranis () and Ranis and Stewart () that in sum, human development is a path to reach economic development, this research intends to investigate the relationship between Brazilian government spending, Human Development Index (HDI) and real gross domestic product growth (RGDPG).
Brazil. This study attempts to empirically examine the trends as well as effects of government spending on the growth rates of real GDP in Nigeria over the last decades () using econometrics model with Ordinary Least Square (OLS) technique. The paper test for presence of stationary between the variables using Durbin Watson unit root test.
The result reveals absence of serial correlation and. Premchand was formerly assistant director for the International Monetary Fund--Fiscal Affairs Department (now retired) in Washington, DC.
Some of his works include Government Financial Management: Issues and Country Studies, Effective Government Accounting and Control of Public Money: The Fiscal Machinery in Developing Countries. more specifically, on the impact of government spending on long-run economic growth.
Macroeconomics, especially the Keynesian school of thought, suggests that government spending accelerates economic growth. Thus, government expenditure is regarded as an exogenous force that changes aggregate Size: KB.
Government expenditure and economic growth The result shows that in all the three cases the variables are non-stationary in their levels. This is shown by the computed results which are less than the critical values in absolute term both at 5%, 1% and 10%.
The variables in first difference are however, stationary. spending and economic development, thus, has been a controversial issue as it has led to the establishment of two positions.
One position says that more government spending spurs economic development while the other states that a negative relationship exists between government spending and economic Size: KB.
Abstract—Main purpose of this study is to identify the impact of government expenditure on economic growth in Asian Countries. Consequently, main objective is to analyze whether government expenditure causes economic growth in Asian countries vice versa and then scrutinizing long-run equilibrium relationship exists between Size: KB.
The book covers all aspects of public expenditure management from the preparation of the budget to the execution, control and audit stages. It is intended to File Size: 2MB. The impact of government spending also depends on the state of the economy. If the economy is close to full capacity, then higher government spending may cause inflationary pressures and little increase in real GDP.
If the economy is in recession, and the government. "Government expenditure and economic growth in the European Union countries," International Journal of Social Economics, Emerald Group Publishing, vol.
45(2), pagesFebruary. Uchechi Shirley Anaduaka & Vivian Ikwuoma Nnetu & Stephen Ekene Aguegboh & David Iheke Okorie, Keywords: Government Expenditure; Economic Growth, OLS 1 INTRODUCTION An inclusive and long-term economic growth has become a concern for many policymakers for decades and government spending has been debated whether it is able to accelerate economic growth.
Government spending has been used extensively as fiscal policy by the government in. Downloadable. Using a new historical dataset over the time periodthis paper tests the validity of Wagner’s Law of public spending (WL) in Italy.
To this aim, cointegration and Granger causation are used to investigate the long run relationship between GDP and government expenditure. Moreover, DOLS method is applied to estimate consistent long run elasticity between these two. There is a direct relationship between public expenditure on defense and economic development such as technological up gradation, increase in steel, and allied production, etc.
To identify the impact of public expenditure on defense along with economic growth in India and China, this study investigates the long-run equilibrium relationship between : Partha Mukhopadhyay, Madhabendra Sinha, Partha Pratim Sengupta.
Using univariate and multivariate time series analysis, like panel unit root test and panel co-integration, and the Toda–Yamamoto causality test, the causal relationship between economic development and public expenditure is examined in 28 states of India at different stages of development from to In relatively developed and less developed states, a causal flow.
Development of Agriculture and Industry: Economic development is regarded synonymous with industrial development but agricultural development provides the base and has to be given top priority.
Government has to incur lot of expenditure in the agricultural sector, e.g., on irrigation and power, seed farms, fertilizer factories, warehouses, etc. Developmental expenditure on revenue is divided into developmental expenditure on revenue account and developmental expenditure on capital account.
(ii) Non Developmental Expenditure. it refers, to those expenditure of the government which does not directly help in economic development.
() examined the impact of Government expenditure on economic Growth in nigeria, using time series data spanning The ols technique employed found that government expenditure.
the impact of components of government expenditure on economic growth in Nigeria from to 2. LITERATURE REVIEW Theories propounded so far on government expenditure and economic growth has shown that increase in government expenditure can lead to economic growth.
Wagner’s theory ofFile Size: KB. Government expenditure and economic development: empirical evidence from Nigeria Article (PDF Available) January with 6, Reads How we measure 'reads'.
Government expenditure and economic development. Khartoum: Khartoum University Press, © (OCoLC) Material Type: Government publication, National government publication: Document Type: Book: All Authors / Contributors: Mohamed Abdel Rahman Ali. An article in the Journal of Development Economics on the benefits of international capital flows found that government consumption of economic output was .between the extent of government spending and economic development.
The data used in this paper cover a time period between and An effort is made to determine causal relationships between spending and economic development through the use of Wagner’s by: