Vector Auto Regressive Analysis identifying government expenditure policy impact on sustainable economic development

نویسندگان

چکیده

This research investigates the effects of government expenditure in Uganda on infrastructure promoting sustainable economic. The study used a longitudinal design using financial records from years 1984-85 to 2015-16 as population with sample size 32 annual observations. Johansen cointegration test indicates long-run association between infrastructure, communication, electricity, and development. Granger- Connection findings shows indirect connection economic development rate all parts public spending that were P-Value 0.04 lastly, Vector Auto Regressive (VAR) consequences indicated energy, had direct effect 0.00. paper recommended extra substantial infrastructures such roads, airports, railways, water facilities, communication add extensively by growing efficiency private sectors.

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ژورنال

عنوان ژورنال: Journal of Global Economy

سال: 2022

ISSN: ['0975-3931', '2278-1277']

DOI: https://doi.org/10.1956/jge.v18i2.645