Government Spending and Economic Expansion

Government Spending: An Economic Boost?

The severe global economic downturn and the large stimulus programs that governments in many countries adopted in response have generated a resurgence in research on the effects of fiscal policy. One key lesson emerging from this research is that there is no single fiscal multiplier that sums up the economic impact of fiscal policy. Rather, the impact varies widely depending on the specific fis...

Terms of Trade Volatility, Government Spending Cyclicality, and Economic Growth

This paper presents estimates of the effects that terms of trade volatility has on real GDP per capita growth. Based on 5-year non-overlapping panel data comprising 175 countries during 1980-2010, the paper finds that terms of trade volatility has significant adverse effects on economic growth in countries with procyclical government spending; in countries where government spending is countercy...

RePEc Archive Government spending , corruption and economic growth

This paper considers the effects of corruption and government spending on economic growth. It starts from an endogenous growth model and extends it to account for the detrimental effects of corruption on the potentially productive components of government spending, namely military and investment spending. The resulting model is estimated on a sample of African countries and the results show, fi...

Government Spending and Growth

The impact of Government spending on economic growth in D-8 countries

The present paper examines the effect of government consumption expenditures on economic growth in D-8 countries during the period of 1988 to 2010 using the panel data method. Iran, Turkey, Indonesia, Bangladesh, Nigeria, Egypt, Pakistan and Malaysia are the countries that have been researched in this study. Fixed effect method is used for the model estimation that has been acquired from Lizard...