Impact of Government Spending In Social Sectors on Economic Growth: A Case Study of West African Economic and Monetary Union Countries

Author:

KOREM Ayira

Abstract

This study aims to investigate the short-run and long-run effects of government’s social expenditure proxies, namely education, and health spending on economic growth during the period 1985 - 2019 in West African Economic and Monetary Union. Using Auto Regressive Distributed Lag model (ARDL) based on panel data, the results of the study reveal that in short-run, government spending in social sectors has no significant impact on economic growth but in long-run the effects of education and health expenditures on the economic growth are significantly positive.

Publisher

Valley International

Subject

Environmental Engineering

Reference32 articles.

1. Afzal, M., Farooq, M.S., Ahmad, H.K, Begum, I., & Quddus, M.A. (2010), “Relationship between school education and economic growth in Pakistan: ARDL bounds testing approach to cointegration”, Pakistan Economic and Social Review, 48(1), p 39-60.

2. Alam, S., A. Sultana, and M. Butt (2010). “Does Social Expenditures Promote Economic Growth? A Multivariate Panel Cointegration Analysis for Asian Countries,” European Journal of Social Sciences 14 (1), p 44-54.

3. Alper F. O. and M. Demiral (2016), “Public Social Expenditures and Economic Growth: Evidence from Selected OECD Countries”, Research in World Economy, Vol 7, No 2, p 44 – 51.

4. Arjona, R., Ladaique, M., & Pearson, M. (2002), “Social protection and growth”, OECD Economic Studies, 35(2), p 7-45.

5. Asghar N., P. Azim and H. Rehman (2011), “Impact of Government Spending in Social Sectors on Economic Growth: A Case Study of Pakistan”, Journal of Business and Economics, Vol 3, No 2, p 214-234.

Cited by 1 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

同舟云学术

1.学者识别学者识别

2.学术分析学术分析

3.人才评估人才评估

"同舟云学术"是以全球学者为主线,采集、加工和组织学术论文而形成的新型学术文献查询和分析系统,可以对全球学者进行文献检索和人才价值评估。用户可以通过关注某些学科领域的顶尖人物而持续追踪该领域的学科进展和研究前沿。经过近期的数据扩容,当前同舟云学术共收录了国内外主流学术期刊6万余种,收集的期刊论文及会议论文总量共计约1.5亿篇,并以每天添加12000余篇中外论文的速度递增。我们也可以为用户提供个性化、定制化的学者数据。欢迎来电咨询!咨询电话:010-8811{复制后删除}0370

www.globalauthorid.com

TOP

Copyright © 2019-2024 北京同舟云网络信息技术有限公司
京公网安备11010802033243号  京ICP备18003416号-3