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

Bulletin of Geography. Socio - Economic Series

Daniela Castaneda Rodrguez¹  Marta Pascual Sez¹  Santiago lvarez-Garca² 

[1] University of Cantabria;University of Oviedo

关键词: government expenditure;    panel techniques;    economic growth;   

学科分类：地球科学(综合)

来源: Uniwersytet Mikolaja Kopernika * Wydawnictwo Naukowe / Nicolaus Copernicus University Press

【 摘 要 】

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.

【 授权许可】

Unknown