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Please use this identifier to cite or link to this item: http://hdl.handle.net/2344/926

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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