Artikel

Expenditures on collective and individual services: Discussion on the classification of government expenditures with regard to their inclusion into growth models

The aim of this paper is to examine the effects of government expenditures on long-run economic growth in developed countries using their different breakdown. Empirical analysis is performed for a panel of 34 OECD countries in the period 2000-2012. Above all, the results support the idea that conclusions of previous studies on this topic may be strongly distorted by inappropriate classification of expenditures, typically in the case of expenditures on education and health. These are usually considered productive and thus growth enhancing, but if their part of R&D expenditures is detached, their effect on growth is in fact negative. In general, it is concluded that government expenditures on individual services have negative effects on growth, while the impact of expenditures on collective services is positive.

Sprache
Englisch

Erschienen in
Journal: DANUBE: Law, Economics and Social Issues Review ; ISSN: 1804-8285 ; Volume: 5 ; Year: 2014 ; Issue: 4 ; Pages: 287-296 ; Warsaw: De Gruyter

Klassifikation
Wirtschaft
Thema
Government Expenditures
Economic Growth
Collective Services
Individual Services

Ereignis
Geistige Schöpfung
(wer)
Machová, Zuzana
Ereignis
Veröffentlichung
(wer)
De Gruyter
(wo)
Warsaw
(wann)
2014

DOI
doi:10.2478/danb-2014-0016
Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Machová, Zuzana
  • De Gruyter

Entstanden

  • 2014

Ähnliche Objekte (12)