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Academic Research Repository at the Institute of Developing Economies,Japan(ARRIDE) >
01.複数地域にまたがる研究(Interregional Studies) >
01.経済、産業(Economy and Industry)/複数地域(Interregional Studies) >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/2344/926
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| タイトル: | Determinants of government consumption expenditure in developing countries : a panel data analysis |
| 著者: | Shonchoy, Abu S |
| キーワード: | Developing countries Public expenditures Corruption Government expenditure Fractionalization Governance Political institutions and Extreme bound analysis |
| Issue Date: | Dec-2010 |
| 出版者: | Institute of Developing Economies, JETRO |
| 引用: | IDE Discussion Paper. No. 266. 2010.12 |
| 抄録: | The paper focuses on the recent pattern of government consumption expenditure in developing countries and estimates the determinants which have influenced government expenditure. Using a panel data set for 111 developing countries from 1984 to 2004, this study finds evidence that political and institutional variables as well as governance variables significantly influence government expenditure. Among other results, the paper finds new evidence of Wagner's law which states that peoples' demand for service and willingness to pay is income-elastic hence the expansion of public economy is influenced by the greater economic affluence of a nation (Cameron1978). Corruption is found to be influential in explaining the public expenditure of developing countries. On the contrary, size of the economy and fractionalization are found to have significant negative association with government expenditure. In addition, the study finds evidence that public expenditure significantly shrinks under military dictatorship compared with other form of governance. |
| URI: | http://hdl.handle.net/2344/926 |
| Appears in Collections: | 01.経済、産業(Economy and Industry)/複数地域(Interregional Studies) 04.IDE Discussion Paper
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