This growth took the form of capital expenditure on reconstruction, which was highly vulnerable to corruption because of the magnitude of the projects involved, the multitude of intermediaries, and the different phases of implementation. Essays in health and public economics, sara oloomi pdf technology diffusion and total factor productivity growth, subaran roy dissertations from 2007 pdf the hausman test, the effects of fiscal structure, leviathan, and interdependent demands on local public spending behavior,. Public expenditure: meaning, importance, classification and other details meaning: of the two main branches of public finance, namely, public revenue and public expenditure, we shall first study the public expenditure.
Noting that the literature has focused on the link between the level of public expenditure and growth, we derive conditions under which a change in the composition of expenditure leads to a higher steady-state growth rate of the economy. Expenditure on education and economic growth the basic objective of this paper is to simulate how government expenditure on education would help to improve economic growth in nigeria by 2015. This version: april 2000 political uncertainty, public expenditure and growth julia darby university of glasgow chol-won li university of glasgow and v anton muscatelli university of glasgow and ces-ifo, munich abstract we focus on the link between political instability due to uncertain electoral outcomes and economic growth, through the impact on a government’s decisions on how to.
A critical appraisal of the theories of government expenditure growth - eckhard scharmer - seminar paper - economics - finance - publish your bachelor's or master's thesis, dissertation, term paper or essay. Abstract the growth of public expenditure in korea, 1953-1991 eui - seob kim as in most other developed countries, the growth of the public sector has. Fiscal policy, public expenditure composition, and growth theory and empirics1 willi semmler,2 alfred greiner,3 bobo diallo,4 armon rezai,5 and anand rajaram6 1we want to thank lars gruene (univ of bielefeld) for extensive help in the numerical part of the paper, david bevan (oxford univ) and to shanta devarajan for valuable guidance, and the audience at the world bank workshop on. An econometric analysis of the impact of public debt on economic growth: the case of zambia cointegration and granger non-causality approach by. Nelson john ruturagara a dissertation submitted in partial fulfillment of the requirement for the degree of master of science in relationship between public spending and growth is not well understood and there is a need for empirical study to be undertaken (grier and tullock, 1989.
The results from table 3 also show that growth rate of output is a determinant of the size of public sector in nigeria it shows that a percentage change in output growth will lead to 137 percentage rise in government expenditure, and is also statistically significant at 5% level. The increasing public expenditure contributes to economic growth in various ways in contrary, peacock and wiseman  (1967) argued that the natural course of advancement and structural change in the economy, leads to constant and systematic expansion in the public expenditure. The determinants of public expenditure growth model are estimated by the ols method study results show that public expenditure growth is explained by internal debt the findings indicate that 10 kenya pound increase in internal debt results in an increase in public expenditure by 163 kenya pounds.
The growth models specified in this study only takes into account potential determinants of growth in kenya the key explanatory variable in the model is growth per capita this is the increase of per capita gdp or other measure of aggregate income. Between government expenditure and economic growth for a group of 30 oecd countries during the period 1970-2005 indicated that economic growth granger causes public expenditure for greece and united kingdom, when inflation is included. This dissertation encompasses three essays on the macroeconomics of human capital and the efficiency of public education spending on growth depends on a country's level and quality of this dissertation encompasses three essays on the macroeconomics of human capital and economic growth below are the individual abstracts for each essay.
Latin american countries had the slowest growth in spending between 1980 and 2002 the share of the 16 countries of the total expenditure reduced from 38% in 1980 to 26% in 2000 the growth rate in the 1980 was 4% and much less in the 1990s with 229. Public expenditure is the main instrument used by governments especially in developing countries to promote economic growth which is an essential ingredient for sustainable development economic growth. Public expenditure and growth santiago herrera1 1 lead economist in the development economics vice-presidency (dec), the world bank a version of this paper was presented in the g-20 workshop on fiscal policy, in istanbul, turkey.