We use the Stochastic Frontier Approach to analyse for the first time the regions’ investment response to the central and local governments’ capital expenditure. The Spanish context is very interesting for this analysis because responsibilities are distributed between the three levels of...

This study investigates the impact of Nigerian government expenditure (disaggregated into capital and recurrent) on economic growth using time series data for the period 1970-2019. The paper employs Autoregressive Distributed Lag (ARDL) model. To ensure robustness of results, the study accounts...