Pregled bibliografske jedinice broj: 1005973
Government Expenditures Composition and Growth in EU15: A Dynamic Heterogeneous Approach
Government Expenditures Composition and Growth in EU15: A Dynamic Heterogeneous Approach // Regional science inquiry, XI (2019), 1; 95-105 (međunarodna recenzija, članak, znanstveni)
CROSBI ID: 1005973 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
Government Expenditures Composition and Growth in EU15: A Dynamic Heterogeneous Approach
Autori
Malešević Perović, Lena ; Golem, Silvia
Izvornik
Regional science inquiry (1791-5961) XI
(2019), 1;
95-105
Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni
Ključne riječi
government size, expenditures composition, GDP growth, heterogeneity, unobserved common effects, EU15
Sažetak
The goal of this paper is to investigate the long-run effect of government size and composition on growth in EU15 countries during 1995-2014. Unlike previous studies, this paper employs a more adequate and sophisticated econometric technique which allows the joint occurrence of dynamics and parameter heterogeneity as well as addresses the problem of unobserved common factors. The obtained results indicate that high aggregate spending levels are an impediment for growth in developed economies, while the single most important government expenditure item is education. In quantitative terms the impact of education expenditures is, however, significantly lower than that found by other papers.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
POVEZANOST RADA
Projekti:
HRZZ-UIP-2013-11-9558 - ISTRAŽIVANJE JAVNE POTROŠNJE NA OBRAZOVANJE: UTJECAJ NA RAST, KONVERGENCIJA I EFIKASNOST (GOVSPENDEDU) (Malešević Perović, Lena, HRZZ - 2013-11) ( CroRIS)
Ustanove:
Ekonomski fakultet, Split
Citiraj ovu publikaciju:
Časopis indeksira:
- Scopus
- EconLit