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.
権利
Copyrights 日本貿易振興機構（ジェトロ）アジア経済研究所 / Institute of Developing Economies, Japan External Trade Organization (IDE-JETRO) http://www.ide.go.jp
雑誌名
IDE Discussion Paper
雑誌名(英)
IDE Discussion Paper
巻
266
発行年
2010-12
出版者
Institute of Developing Economies (IDE-JETRO)
著者版フラグ
publisher
日本十進分類法
343.7
JEL分類
JEL:E01 - Measurement and Data on National Income and Product Accounts and Wealth
JEL:E2 - Consumption, Saving and Investment
JEL:E61 - Policy Objectives; Policy Designs and Consistency; Policy Coordination
JEL:E62 - Fiscal Policy; Public Expenditures, Investment, and Finance; Taxation
JEL:H50 - General
JEL:H60 - General
JEL:O11 - Macroeconomic Analyses of Economic Development
JEL:O5 - Economywide Country Studies
JEL:H2 - Taxation, Subsidies, and Revenue
JEL:H4 - Publicly provided goods
JEL:H5 - National Government Expenditures and Related Policies
JEL:H6 - National Budget, Deficit, and Debt
JEL:E02 - Institutions and the Macroeconomy
地域/国名
発展途上国
キーワード(LSH)
Developing countries
Public expenditures
Corruption
Government expenditure
Fractionalization
Governance
Political institutions and Extreme bound analysis
Determinants of government consumption expenditure in developing countries : a panel data analysis
本文
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