Zungu, Lindokuhle Talent; Makhoba, Bongumusa P.; … - In: Cogent economics & finance 10 (2022) 1, pp. 1-16
This study analyses the impact of fiscal policy on the South African economy during the period 1972Q1-2020Q2. The study … hierarchical priors. The variables employed for empirical investigation included GDP, government expenditure, public debt, and … public debt lead to economic contraction. This implies that policy-makers ought to be cautious of excessive government …