Showing 1 - 6 of 6
This study, assuming a balanced budget, attempts to estimate the optimal size of devolved government expenditure in 47 Kenyan counties using the panel ARDL regression and Scully (2008) model for the period 2014-2018. The estimation model examined Armey’s idea of a quadratic curve that explains...
Persistent link: https://www.econbiz.de/10013212744
This study, assuming a balanced budget, attempts to estimate the optimal devolved government size in Kenya using the panel ARDL regression and Scully (2008) model for the period 2013-2017. The optimal devolved government size is determined to be around 9.7 percent of the GCP (Gross County...
Persistent link: https://www.econbiz.de/10013212841
Although it is theoretically expected that fiscal decentralization leads to efficient provision of local public services and induces economic growth, there is a mixed outcome of the non-devolved and devolved effect on economic expansion across earlier empirical studies. This could be due to non...
Persistent link: https://www.econbiz.de/10013212839
This study examines the link between government expenditure and regional economic growth, over the period 2013 to 2017. Gross County Product per capita growth is used as indicator of regional economic growth. This study used Error Correction Model and Engle and Granger framework two step...
Persistent link: https://www.econbiz.de/10013212840
From past empirical works, the role of expenditure on economic growth appears to provide inconclusive results. Despite this uncertainty, public finance theory suggests that expenditure induce growth. In Kenya, economic growth has been fluctuating despite the devolved expenditure increasing over...
Persistent link: https://www.econbiz.de/10014264690
The goal of this research was to investigate empirically how government expenditure contributes to economic growth in East Africa from 1980-2010. Using balanced panel fixed effect model, government expenditure was disaggregated to scrutinize its effect of growth. The study tested for panel unit...
Persistent link: https://www.econbiz.de/10014264917