How can public spending help you grow? An empirical analysis for developing countries

Nihal Bayraktar, Blanca Moreno-Dodson

Research output: Contribution to journalArticle

10 Scopus citations

Abstract

Although many studies indicate that both the level and composition of public spending are significant for economic growth, the results in the empirical literature are mixed. This paper suggests that the country sample selection and expenditure classification are important in explaining these conflicting results. The empirical analysis shows that the link between growth and public spending, especially its core component, is strong only for countries with macroeconomic stability and fast GDP per capita growth dynamics, which are also capable of using public funds for productive purposes. Copyright

Original languageEnglish (US)
Pages (from-to)30-64
Number of pages35
JournalBulletin of Economic Research
Volume67
Issue number1
DOIs
StatePublished - Jan 1 2015

All Science Journal Classification (ASJC) codes

  • Economics and Econometrics

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