On the heterogeneous impact of public capital and current spending on growth across nations

被引：9

作者：

Gregoriou, Andros ^{[1
]}

Ghosh, Sugata ^{[2
]}

机构：

[1] Univ E Anglia, Norwich Business Sch, Norwich NR4 7TJ, Norfolk, England

[2] Brunel Univ, Dept Econ & Finance, Uxbridge UB8 3PH, Middx, England

来源：

ECONOMICS LETTERS | 2009年 / 105卷 / 01期

关键词：

Public capital and current spending; Economic growth; Heterogeneous panel; GMM system estimator; PANEL-DATA; GOVERNMENT EXPENDITURE; EMPIRICS; TAXATION;

D O I：

10.1016/j.econlet.2009.05.009

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper captures the heterogeneous impact on growth, of public capital and current spending, for 15 developing countries. Using the GMM system panel estimator, we show that countries with substantial public capital (current) spending have strong negative (positive) growth effects. (C) 2009 Elsevier B.V. All rights reserved.

引用

页码：32 / 35

页数：4

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