Government expenditure and economic growth in the European Union countries: New evidence-Reference-Cited by-同舟云学术

Government expenditure and economic growth in the European Union countries: New evidence

Published:2017-05-03 Issue:36 Volume:36 Page:127-133
ISSN:2083-8298
Container-title:Bulletin of Geography. Socio-economic Series
language:en
Short-container-title:

Author:

Sáez Marta Pascual¹,Álvarez-García Santiago²,Rodríguez Daniela Castañeda¹

Affiliation:

1. University of Cantabria, Faculty of Economics and Business, Avda. de los Castros s/n, 39005, Santander, Spain

2. University of Oviedo, Faculty of Economics and Business, Avda. del Cristo s/n, 33071, Oviedo, Spain

Abstract

Abstract This paper provides new evidence of the impact of government spending on economic growth in the European Union countries. Governments can adjust their levels of spending in order to influence their economies, although the relationship between these variables can be positive or negative, depending on the countries included in the sample, the period of estimation and the variables which reflect the size of the public sector. The results obtained based on regression and panel techniques suggest that government expenditure is not clearly related with economic growth in the European Union countries over the period 1994-2012.

Publisher

Walter de Gruyter GmbH

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