This paper responds to the development policy debate involving the World Bank and the IMF on the use of fiscal policy not only for economic stabilization but also to promote economic growth and increase per capita income. A key issue in this debate relates to the effect of the composition of...

Using panel data of 1994-2002, as well as time series data of 1978-2002 in China, this paper examines the effect of transport infrastructure on economic growth and poverty alleviation, and finds out that the higher growth level in East and Central China comes, to a great extent, from better...

This paper integrates data envelopment analysis (DEA) and artificial neural networks (ANN) to forecast the role of public expenditure in economic growth in OCDE countries. The results show that this approach is a powerful and appropriate method to forecast this role. DEA method allows us to...

This paper sets up a theoretical model linking the growth rate of the economy to the growth rate and volatility of different government expenditures. On a theoretical basis, it is found that volatility in government spending can be positively or negatively associated with economic growth...

This study aims at assessing the effect of government spending in education on economic growth in Cameroon over the period 1980-2012 using a vector error correction model. The estimated results show that these expenditures had a significant and positive impact on economic growth both in short...

This study aims at assessing the effect of government spending in education on economic growth in Cameroon over the period 1980-2012 using a vector error correction model. The estimated results show that these expenditures had a significant and positive impact on economic growth both in short...

This paper develops an endogenous growth model with public capital and imperfect competition. In the model, we take into account monopolistic competition of intermidiate sector and endogenous determination of the number of firms in the sector by considering the fixed cost to keep production...

Meta analysis is conducted to review 32 empirical studies with 169 estimates of the effect of military expenditure on economic growth. We formulate four hypotheses to examine the empirical evidence and to provide overall conclusions while controlling for systematic heterogeneity in the studies...

This paper sets up a theoretical model linking the growth rate of the economy to the growth rate and volatility of different government expenditures. On a theoretical basis, it is found that volatility in government spending can be positively or negatively associated with economic growth...

This article analysis the macroeconomic determinants of the infant mortality rate (IMR) in Uruguay and its components, focusing on the role of the gross product per capita (GDP), public spending (PS) and health spending (HS). A time series analysis is performed using annual data from 1910 to...