Data/hora: 02/06/2024 13:22:47

Provedor de dados: 	31	
País: 	United States	
Título: 	Does Composition of Government Spending Matter to Economic Growth?	
Autores: 	Yu,   Bingxin; Fan,   Shenggen; Saurkar,   Anuja.	
Data: 	2009-06-29	
Ano: 	2009	
Palavras-chave: 	Government expenditure; Growth; GMM; Agricultural and Food Policy; Financial Economics; International Development; H5; O1; C232.	
Resumo: 	This paper assesses the impact of the composition of government spending on economic growth in developing countries. We use a dynamic GMM model and a panel data set for 44 developing countries between 1980 and 2004. We find that the various types of government spending have different impact on economic growth. In Africa, human capital spending contributes to economic growth whereas in Asia, capital formation, agriculture and education has strong growth promoting effect. In Latin America, none of government spending items has significant impact on economic growth. Our results are robust regardless of model specifications and instruments chosen.	
Tipo: 	Conference Paper or Presentation	
Idioma: 	Inglês	
Identificador: 	http://purl.umn.edu/51684	
Relação: 	International Association of Agricultural Economists&gt;2009 Conference, August 16-22, 2009, Beijing, China

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