Public expenditures and growth

被引:24
作者
Kelly, T
机构
[1] Department of Economics, Quinnipiac College, Hamden, CT 06518
关键词
D O I
10.1080/00220389708422503
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 ; 020105 ; 03 ; 0303 ;
摘要
The article explores the effects of public expenditures on growth among 73 countries over the 1970-89 period. While much of the literature attributes weak growth to public investment and social expenditures which inhibit growth through crowding-out and rent-seeking, the article highlights the contributions that public investment and social expenditures may make to growth. The article's econometric analysis suggests that crowding-out and rent-seeking concerns may have been overstated in the literature.
引用
收藏
页码:60 / 84
页数:25
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