Is Government Spending an Important Factor in Economic Growth? Nonlinear Cubic Quantile Nexus from Eastern Europe and Central Asia (EECA)
This study rigorously investigates the non-monotonic phenomenon of the government spending–growth nexus in the EECA. Using panel data from 19 countries over the period 1995–2019, a nonlinear quadratic estimator and cubic nonlinear estimator were applied to quantile regressions. The preliminary findi...
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| Format: | Article |
| Language: | English |
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MDPI AG
2022-11-01
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| Series: | Economies |
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| Online Access: | https://www.mdpi.com/2227-7099/10/11/286 |