THE IMPACT OF GOVERNMENT EXPENDITURE ON GROWTH: EMPIRICAL EVIDENCE FROM A HETEROGENEOUS PANEL

Andros Gregoriou and Sugata Ghosh ()

Bulletin of Economic Research, 2009, vol. 61, issue 1, 95-102

Abstract: This paper investigates the impact of government expenditure on growth, in a heterogeneous panel, for a sample of developing countries. Using generalized method of moments techniques, we show that countries with substantial government current expenditure have strong growth effects, which vary considerably across the nations.

Date: 2009
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https://doi.org/10.1111/j.1467-8586.2008.00297.x

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Persistent link: https://EconPapers.repec.org/RePEc:bla:buecrs:v:61:y:2009:i:1:p:95-102

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