Does the composition of public expenditure affect economic growth? Evidence from the Swiss case

Carsten Colombier

Applied Economics Letters, 2011, vol. 18, issue 16, 1583-1589

Abstract: In the light of tightening budget constraints caused by the recent financial and economic crisis and population ageing, it has become increasingly important to explore which portfolio of public expenditure generates economic growth. This article, therefore, estimates the growth effects of the composition of public expenditure for the Swiss case. One main finding is that public expenditures on transport infrastructure, education and administration foster growth. As nonhigh-quality data, which can bias least square estimators, are pervasive in economics, statistically robust estimation methods are applied.

Keywords: fiscal policy; economic growth; composition of public expenditure; robust estimator (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (19)

Downloads: (external link)
http://www.informaworld.com/openurl?genre=article& ... 40C6AD35DC6213A474B5 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:18:y:2011:i:16:p:1583-1589

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEL20

DOI: 10.1080/13504851.2011.554361

Access Statistics for this article

Applied Economics Letters is currently edited by Anita Phillips

More articles in Applied Economics Letters from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().