Weitere Kapitel dieses Buchs durch Wischen aufrufen
The main objective of this study is examining the impact of government sectoral expenditure on economic growth in Ethiopia over the period 1975–2015. It focuses on sectoral expenditures on economic, social, general services and other services sectors. The major contributions of this study are studying expenditure components in line with the current categorization using up-to-date data. The study uses secondary data collected from the Ministry of Finance and Economic Cooperation of Ethiopia and the National Bank of Ethiopia. It uses both descriptive and econometrics data analysis methods as also the Augmented Dickey Fuller, the Johansen cointegration test and the vector error correction model to test for stationarity and cointegration and to analyze the long run and the short run dynamics of the model. The empirical results show that general services expenditure had a negative and significant effect on economic growth.
Bitte loggen Sie sich ein, um Zugang zu diesem Inhalt zu erhalten
Sie möchten Zugang zu diesem Inhalt erhalten? Dann informieren Sie sich jetzt über unsere Produkte:
Adamu, J., and B. Hajara. 2015. Government expenditure and economic growth nexus: Empirical evidence from Nigeria. IOSR Journal of Economics and Finance 6 (2): 61–69.
AfDB. 2015. Ethiopian development effectiveness review. Abidjan, Côte d’Ivoire: African Development Bank Group.
Afzal, M., and Q. Abbas. 2010. Wagner’s law in Pakistan: Another look. Journal of Economics and International Finance 2 (1): 12–19.
Al-Fawwaz, T.M. 2016. The impact of government expenditures on economic growth in Jordan (1980–2013). International Business Research 9 (1): 99–105. CrossRef
Alshahrani, S.A., and A.J. Alsadiq. 2014. Economic growth and government spending in Saudi Arabia: An empirical investigation. Saudi Arabia, IMF Working Paper, WP/14/3.
Bargicho, S. 2016. The effects of government expenditure and tax on economic growth in Ethiopia. Ethiopia: Addis Ababa University.
Bahaddi, T., and M. Karim. 2017. Impact of public expenditure on the growth in Morocco: Role of governance. International Journal of Economics and Finance 9 (4): 12–19. CrossRef
Berihun, B. 2014. Impact of government sectoral expenditure on economic growth in Ethiopia with a particular focus on agriculture, defense, education and health sectors. Ethiopia: Addis Ababa University.
Bose, N., M.E. Haque, and D.R. Osborn. 2007. Public expenditure and economic growth: A disaggregated analysis for developing countries. The Manchester School 75 (5): 533–556. CrossRef
Ditimi, A., N. Philip, and A.J. Adebayo. 2011. Components of government spending and economic growth in Nigeria: An error correction modelling. Journal of Economics and Sustainable Development 2 (4): 219–237.
EEA. 2017. Budget braekdown. The Reporter: Ethipean Economic Association.
Endale, K. 2007. Effect of defense expenditure on economic growth in the Sub Saharan Africa Countries: Panel data evidence. Ethiopia: Addis Ababa University.
Fan, S. 2008. Public expenditures, growth and poverty: Lessons from developing countries. IFPRI Issue Brief 51.
Ghosh Roy, A. 2012. Revisiting the relationship between economic growth and government size. Economics Research International, 1–8. CrossRef
Gisore, N., S. Kiprop, A. Kalio, J. Ochieng, and L. Kibet. 2014. Effect of government expenditure on economic growth in East Africa: A disaggregated model. European Journal of Business and Social Sciences 3 (8): 289–304.
Guandong, B.Y., and W.M. Muturi. 2016. The relationship between public expenditure and economic growth in South Sudan. International Journal of Economics, Commerce and Management 4 (6): 235–259.
Hua, Y. 2016. The relationship between public expenditure on education and economic growth: Evidence from China. China: Clemson University. Available at: http://tigerprints.clemson.edu/all_theses.
Johansen, S. 1988. Statistical analysis of cointegrating vectors. Journal of Economic Dynamics and Control 12: 231–254. CrossRef
Kebede, B. 2015. The impact of public sector spending on the economic growth: A particular focus on road and electric power sector, the case of Ethiopia. Ethiopia: Addis Ababa University.
Ketema, T. 2006. The impact of government spending on economic growth in Ethiopia. Ethiopia: Addis Ababa University.
Lamartina, S., and A. Zaghini. 2010. Increasing public expenditures: Wagner’s Law in OECD countries. German Economic Review 12 (2): 149–164. CrossRef
Mahjoub, E. 2013. Causality between government expenditure and national income: Evidence from Sudan. Journal of Economic Cooperation and Development 34 (4): 61–76.
Mahmoodi, M., and E. Mahmoodi. 2014. Government expenditure-GDP nexus: Panel causality evidence. International Journal of Economy, Management and Social Sciences 3 (1): 37–42.
MacKinnon, J. 1991. Critical values for cointegration tests. Queen’s Economics Department Working Paper, 1227.
Mitchell, D.J. 2005. The impact of government spending on economic growth. Executive summary background, no. 1831. Washington, DC: Heritage Foundation.
MOFED. 2014. Growth and transformation plan annual progress report for F.Y. 2012/13. Addis Ababa: MOFED.
Muhammed, A. 2015. Composition of government expenditure and economic growth in Ethiopia (1971–2011G.C). European Journal of Business and Management 7 (27): 28–37.
Musaba, E.C., P. Chilonda, and G. Matchaya. 2013. Impact of government sectoral expenditure on economic growth in Malawi, 1980–2007. Journal of Economics and Sustainable Development 4: 71–78.
Nasiru, I. 2012. Government expenditure and economic growth in Nigeria: Cointegration analysis and causality testing. Academic Research International 2 (3): 718–723.
Nurudeen, A., and A. Usman. 2010. Government expenditure and economic growth in Nigeria: A disaggregated analysis. Business and Economics Journal 4: 1–11.
Olabisi, A.S., and F. Elizabeth. 2012. Composition of public expenditure and economic growth in Nigeria. Journal of Emerging Trends in Economics and Management Sciences 3 (4): 403–407.
Sharma, B. 2012. Government expenditure and economic growth in Nepal a minute analysis. Basic Research Journal of Business Management and Accounts 1 (4): 37–40.
Sudarsono, H. 2010. The reletionship between economic growth and government expenditure: A case study in OIC countries. Jurnal Ekonomi Pembangunan 11 (2): 149–159.
Tsadiku, W. 2012. Impact of government sectoral spending on economic growth: A particular focus on human capital and agriculture sector. Ethiopia: Addis Ababa University.
Tsegaw, E. 2009. Fiscal federalism, teaching material. Addis Ababa: Justice and Legal System Research Institute. Available at: https://chilot.files.wordpress.com/2011/06/fiscal-federalism.pdf.
- Impact of Government Sectoral Expenditure on Economic Growth in Ethiopia
- Springer Singapore
- Chapter 6
Neuer Inhalt/© Stellmach, Neuer Inhalt/© BBL, Neuer Inhalt/© Maturus, Pluta Logo/© Pluta, Neuer Inhalt/© hww, digitale Transformation/© Maksym Yemelyanov | Fotolia