The impact of government spending on the economic growth of a sample of developing countries using panel data

The following study aims to study the impact of government spending on economic growth for the period (2005-2019) using panel data on a sample of (15) developing countries. The Pooled Mean Group Estimator (PMG) method was used to estimate the study model. The results of which showed in the short and...

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Main Author: Amine TAMMAR
Format: Article
Language:English
Published: General Association of Economists from Romania 2021-12-01
Series:Theoretical and Applied Economics
Subjects:
Online Access: http://store.ectap.ro/articole/1573.pdf
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author Amine TAMMAR
author_facet Amine TAMMAR
author_sort Amine TAMMAR
collection DOAJ
description The following study aims to study the impact of government spending on economic growth for the period (2005-2019) using panel data on a sample of (15) developing countries. The Pooled Mean Group Estimator (PMG) method was used to estimate the study model. The results of which showed in the short and long run the existence of a significant and direct relationship between government spending and economic growth in the countries under study. This is consistent with most of the previous studies and the Keynesian theory, which indicate that government spending is one of the components of effective aggregate demand, which is positively reflected on the gross domestic product through its ability to create new individual incomes, and thus a rise in the productivity and consumption of economic agents.
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spelling doaj.art-e05761f491e445d394bdf943596bd7522022-12-22T04:03:37ZengGeneral Association of Economists from RomaniaTheoretical and Applied Economics1841-86781844-00292021-12-01XXVIII416917818418678The impact of government spending on the economic growth of a sample of developing countries using panel dataAmine TAMMAR0 University of Ali Lounici Blida 2, Algeria The following study aims to study the impact of government spending on economic growth for the period (2005-2019) using panel data on a sample of (15) developing countries. The Pooled Mean Group Estimator (PMG) method was used to estimate the study model. The results of which showed in the short and long run the existence of a significant and direct relationship between government spending and economic growth in the countries under study. This is consistent with most of the previous studies and the Keynesian theory, which indicate that government spending is one of the components of effective aggregate demand, which is positively reflected on the gross domestic product through its ability to create new individual incomes, and thus a rise in the productivity and consumption of economic agents. http://store.ectap.ro/articole/1573.pdf government spendingeconomic growthpanel data(pmg)
spellingShingle Amine TAMMAR
The impact of government spending on the economic growth of a sample of developing countries using panel data
Theoretical and Applied Economics
government spending
economic growth
panel data
(pmg)
title The impact of government spending on the economic growth of a sample of developing countries using panel data
title_full The impact of government spending on the economic growth of a sample of developing countries using panel data
title_fullStr The impact of government spending on the economic growth of a sample of developing countries using panel data
title_full_unstemmed The impact of government spending on the economic growth of a sample of developing countries using panel data
title_short The impact of government spending on the economic growth of a sample of developing countries using panel data
title_sort impact of government spending on the economic growth of a sample of developing countries using panel data
topic government spending
economic growth
panel data
(pmg)
url http://store.ectap.ro/articole/1573.pdf
work_keys_str_mv AT aminetammar theimpactofgovernmentspendingontheeconomicgrowthofasampleofdevelopingcountriesusingpaneldata
AT aminetammar impactofgovernmentspendingontheeconomicgrowthofasampleofdevelopingcountriesusingpaneldata