Public spending and economic growth: An empirical analysis of developed countries

Simple item page
dc.contributor.authorAcikgoz B.
dc.contributor.authorCinar S.
dc.date.accessioned2024-07-22T08:11:07Z
dc.date.available2024-07-22T08:11:07Z
dc.date.issued2017
dc.description.abstractThe purpose of this paper is to investigate the effects of public spending on economic growth and examine the sources of economic growth in developed countries since the 1990s. This paper analyses whether public spending effect on economic growth based on Cobb-Douglas Production Function with the two econometric models with Autoregressive Distributed Lag (ARDL) and Dynamic Fixed Effect (DFE) for 21 developed countries (high-income OECD countries), over the period 1990 - 2013. In comparison to similar empirical studies, our paper will add to the existing literature by extending the sample of developed countries and providing the latest empirical evidence for non-linear and structural breaks. Our model results are parallel to each other and the models support that public spending has an important role for economic growth. This result is accurate with theories and previous empirical studies.
dc.identifier.issn00133035
dc.identifier.urihttp://akademikarsiv.cbu.edu.tr:4000/handle/123456789/15512
dc.language.isoEnglish
dc.publisherInstitute of Geography of the Slovak Academy of Science
dc.subjecteconomic growth
dc.subjecteconomic impact
dc.subjectempirical analysis
dc.subjectnumerical model
dc.subjectpanel data
dc.subjectpublic spending
dc.titlePublic spending and economic growth: An empirical analysis of developed countries
dc.typeArticle

Files

Collections

Scopus Koleksiyonu