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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Tác giả chính: Tran Trung Kien
Định dạng: Conference Paper
Ngôn ngữ:English
Thông tin xuất bản: 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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spelling 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
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