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Effect of government capital expenditure on GDP in the Iranian economy using superexogeneity testing

Abbas Valadkhani

Applied Economics Letters, 1998, vol. 5, issue 6, 361-364

Abstract: The purpose of this paper is to investigate the effect of real government capital expenditure on GDP in the Iranian economy using annual time series data for the period 1959-1992 employing superexogeneity test. It is found that government capital expenditure has an important positive effect on GDP irrespective of structural and regime shifts in the economy.

Date: 1998
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DOI: 10.1080/135048598354726

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