How growth-friendly are productive public expenditures? An empirical analysis for Eastern Europe

Petru-Ovidiu Mura
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Petru-Ovidiu Mura: West University of Timisoara

Theoretical and Applied Economics, 2014, vol. XXI, issue 10(599), 7-20

Abstract: This paper investigated the effects of productive public expenditures over economic growth, using a panel-model approach, in 6 East-European countries during 1990-2013. The paper contributes to the specific literature, showing how different types of productive public expenditures influence economic growth, under an extended set of economic and socio-political control variables. The findings revealed that education, R&D and infrastructure expenditure are positively correlated with economic growth, while health expenditure seems to have a negative impact.

Keywords: productive public expenditure; economic growth; correlation; fixed-effects; panel-model. (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:xxi:y:2014:i:10(599):p:7-20

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