Un réexamen de la relation entre dépenses publiques et croissance économique dans les pays en développements à partir d'un modèle de panel dynamique

A reexamination of the relation between public expenses and economic growth in developing countries from a dynamic panel model

Fo-Kossi Edem Togbenu

MPRA Paper from University Library of Munich, Germany

Abstract: Several empirical studies analysed the relation between public expenditures and economic growth but the unanimity is not made on the real nature of the relation that exist between its two variables. Our study re-examine agreement specifying the nature of relation that may exist between public expenditures and the economic growth in 20 developing countries. Results coming from our valuations by the GMM method in dynamic panel highlight a non-linear relation on one hand between total public expenditures and economic growth on another hand between public investment and the growth. Our study also specify, margin in which the different variables get a positive and significant impact on the growth in developing countries

Keywords: public expenditures; economic growth; dynamic panel; GMM (search for similar items in EconPapers)
JEL-codes: H50 (search for similar items in EconPapers)
Date: 2017-09-14
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Citations: View citations in EconPapers (1)

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