Relationship between public expenditures and economic growth in budget constraint
This paper investigates relationship between public expenditures and economic growth in budget constraint. Public expenditures are divided into productive expenditure and unproductive expenditure. The budget constraint is conditional on public debt and fiscal balance. Based on the panel data of 66 d...
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Định dạng: | Conference Paper |
Ngôn ngữ: | English |
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UEH Publishing House
2017
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Truy cập trực tuyến: | http://digital.lib.ueh.edu.vn/handle/UEH/55510 |
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oai:localhost:UEH-555102018-03-25T18:46:21Z Relationship between public expenditures and economic growth in budget constraint Tran Trung Kien Economic growth Public expenditure Budget constraint This paper investigates relationship between public expenditures and economic growth in budget constraint. Public expenditures are divided into productive expenditure and unproductive expenditure. The budget constraint is conditional on public debt and fiscal balance. Based on the panel data of 66 developing countries in the period of 1998 -2106, the study find that fiscal surplus enhances the growth effects of public unproductive expenditure and public productive expenditure, while the growth effect of public debt is only significant in the case unproductive expenditure when it exceeds 17.025% GDP. 2017-10-05T09:58:28Z 2017-10-05T09:58:28Z 2017-09-28 Conference Paper http://digital.lib.ueh.edu.vn/handle/UEH/55510 en Proceedings of ICUEH2017: International conference of University of Economic Ho Chi Minh City: Policies and sustainable economic development, HCMC, Vietnam, September 28, 2027 reserved Portable Document Format (PDF) 430 444 UEH Publishing House |
institution |
Đại học Kinh tế Thành phố Hồ Chí Minh |
collection |
DSpaceUEH |
language |
English |
topic |
Economic growth Public expenditure Budget constraint |
spellingShingle |
Economic growth Public expenditure Budget constraint Tran Trung Kien Relationship between public expenditures and economic growth in budget constraint |
description |
This paper investigates relationship between public expenditures and economic growth in
budget constraint. Public expenditures are divided into productive expenditure and unproductive expenditure. The budget constraint is conditional on public debt and fiscal balance. Based on the panel data of 66 developing countries in the period of 1998 -2106, the study find that fiscal surplus enhances the growth effects of public unproductive expenditure and public productive expenditure, while the growth effect of public debt is only significant in the case unproductive expenditure when it exceeds 17.025% GDP. |
format |
Conference Paper |
author |
Tran Trung Kien |
author_facet |
Tran Trung Kien |
author_sort |
Tran Trung Kien |
title |
Relationship between public expenditures and economic growth in budget constraint |
title_short |
Relationship between public expenditures and economic growth in budget constraint |
title_full |
Relationship between public expenditures and economic growth in budget constraint |
title_fullStr |
Relationship between public expenditures and economic growth in budget constraint |
title_full_unstemmed |
Relationship between public expenditures and economic growth in budget constraint |
title_sort |
relationship between public expenditures and economic growth in budget constraint |
publisher |
UEH Publishing House |
publishDate |
2017 |
url |
http://digital.lib.ueh.edu.vn/handle/UEH/55510 |
work_keys_str_mv |
AT trantrungkien relationshipbetweenpublicexpendituresandeconomicgrowthinbudgetconstraint |
_version_ |
1810056774343983104 |