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Composition effects of government expenditure on private consumption and output growth in Nigeria : a single-equation error correction modelling

Dada, Matthew Abiodun - In: Romanian journal of fiscal policy : RJFP 4 (2013) 2, pp. 18-34

This study examined the composition effect of government expenditure on private consumption and output growth in Nigeria using the framework of single equation error correction mechanism. The unit root and cointegration tests were conducted on the variables of interest while single equations...

Persistent link: https://www.econbiz.de/10010480256

Impact of government expenditure on economic growth in different states in South Africa

Buthelezi, Eugene Msizi - In: Cogent economics & finance 11 (2023) 1, pp. 1-17

This paper investigates the impact of long-run government expenditure and economic growth in different states in South Africa. Economic growth has been below the policy target of 5% stipulated in the National Development Plan Vision 2030, while government expenditure growth has been volatile but...

Persistent link: https://www.econbiz.de/10014500814

Regulatory Expenditures, Economic Growth and Jobs : An Empirical Study

Beard, Thomas Randolph - 2011

With a sluggish economy, high unemployment, and unprecedented deficit spending, growing the economy and curbing federal spending are top priorities in Washington. A now-popular target for reform is regulation, which even President Obama claims to have "stifled innovation" and to have had "a...

Persistent link: https://www.econbiz.de/10013125656

The deterioration of the public spending mix during the global financial crisis : insights from new indicators

Bloch, Debra; Fournier, Jean-Marc - 2018

New indicators measuring the effects of public spending on inclusive growth have been constructed using recent empirical work by Fournier and Johansson (2016) and a recent public finance dataset (Bloch et al., 2016). A first set of indicators combines information on the mix of public spending....

Persistent link: https://www.econbiz.de/10011914165

Long-run effects of austerity

Martins, Guilherme Klein - 2022

This paper provides evidence that austerity shocks have long-run negative effects on GDP. Besides addressing the important gap in the growing fiscal research regarding the short time horizon of the estimations, this paper analyzes two other important assumptions made in the literature regarding...

Persistent link: https://www.econbiz.de/10014229776

Inflation versus Public Expenditure Growth in the U.S : An Empirical Investigation

Ezirim, Chinedu B.; Muoghalu, Michael; Elike, Uchenna - 2010

This paper investigates the relationship between public expenditure growth and inflation in the United States of America using the co-integration analysis and Granger Causality Model applied to Time Series Annual Data from 1970-2002. The results indicate that public expenditure and inflation are...

Persistent link: https://www.econbiz.de/10014199054

Effects of Growth and Volatility in Public Expenditures on Economic Growth: Theory and Evidence

Gong, Liutang; Zou, Heng-fu - China Economics and Management Academy, Central … - 2011

This paper sets up a theoretical model linking the growth rate of the economy to the growth rate and volatility of … different government expenditures. On a theoretical basis, it is found that volatility in government spending can be positively … seems to have a negative effect on output growth. It is also very interesting to find that the rises in the volatility in …

Persistent link: https://www.econbiz.de/10009274608

Effects of Growth and Volatility in Public Expenditures on Economic Growth: Theory and Evidence

Gong, Liutang; Zou, Heng-fu - In: Annals of Economics and Finance 3 (2002) 2, pp. 379-406

Persistent link: https://www.econbiz.de/10009150750

Macroeconomic effects of government spending : the Great Recession was (really) different

Klein, Mathias; Linnemann, Ludger - 2018

We estimate the effect of government spending shocks on the US economy with a time-varying parameter vector autoregression. The recent Great Recession period appears to be characterized by uniquely large impulse responses of output to fiscal shocks. Moreover, the particularity of this period is...

Persistent link: https://www.econbiz.de/10011890166

Learning About Fiscal Multipliers During the European Sovereign Debt Crisis : Evidence from a Quasi-Natural Experiment

Górnicka, Lucyna - 2018

Identifying fiscal multipliers is usually constrained by the absence of a counterfactual scenario. Our new data set allows overcoming this problem by making use of the fact that recommendations under the EU's excessive deficit procedure (EDP) provide both a baseline no-policy-change scenario and...

Persistent link: https://www.econbiz.de/10012917733