Public Expenditure and Economic Growth: A Disaggregated Analysis for Developing Countries*

Bose, Niloy; Haque, M. Emranul; Osborn, Denise R.

doi:10.1111/j.1467-9957.2007.01028.x

Cited by 333 publications

(256 citation statements)

References 47 publications

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“…By employing a seemingly unrelated regression, Bose et al (2007) find a negative effect of enrollment rates on GDP per capita growth, whereas Hanushek et al (2007) by maximum likelihood using the HLM (Hierarchical Linear Modeling) algorithm, show that the quantity of schooling (schooling years) has a strong positive effect on growth that is substantially reduced once quality (test scores) is considered. Using a new data set for schooling years, Cohen and Soto (2007) show that in standard growth regressions, their GMM and fixed effects estimates of schooling are positive.…”

Section: Review Of the Literaturementioning

confidence: 99%

Education and Economic Growth: A Meta-Regression Analysis

2014

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This paper surveys the literature that examines the effect of education on economic growth.Specifically, we apply meta-regression analysis to 56 studies with 979 estimates and show that there is substantial publication selection bias towards a positive impact of education on growth.Once we account for this, we find evidence of a genuine effect of education on economic growth.The variation in reported estimates can be attributed to differences in the measurement of education and study characteristics, most importantly model specification, estimation methodology, type of data and the research outlet where studies were published, e.g. academic journals vs. working papers.JEL Classification: I25, E24, C01, O50

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Section: Review Of the Literaturementioning

confidence: 99%

Education and Economic Growth: A Meta-Regression Analysis

2014

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“…In effect, the impact of disaggregated government spending on growth is commonly studied, which includes milexp, see Aschauer (1989), Easterly and Rebelo (1993), Devarajan et al (1996), Mulas-Granados et al (2002), Bose et al (2007). However, each segment of government spending may have varying effects on the long-run economic growth.…”

Section: Main Conceptual and Econometric Approachesmentioning

confidence: 99%

“…investment, education, health , etc. In a recent paper, Bose et al (2007), look at the disaggregated government expenditure using panel of 30 developing countries. They define six 9 Civil wars may have a negative effect on economic growth more than international wars, see Murdoch and Sandler (2002), Collier and Hoeffler (2002) and Kang and Meernik (2005).…”

Section: Review Of the Studies Included In The Meta Analysismentioning

confidence: 99%

Military expenditure and economic growth: A meta-analysis

Alptekin

Levine

2012

European Journal of Political Economy

207

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Meta analysis is conducted to review 32 empirical studies with 169 estimates to find the combined overall effect of military expenditure on economic growth. Using a meta fixed and random effects and regression analysis, our results show that there exists a "genuine" net effect of military expenditure on economic growth. The net combined effect is positive, and the magnitude is very small. The main sources of study-to-study variation in the findings of military expenditure and economic growth literature are attributable to the sample, time periods, and functional forms.JEL Classification: C42, H5, O11, 041, 047

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“…The empirical model is broadly based on the methodology of Barro and Sala-i-Martin (2003), Bose et al (2007), and MorenoDodson (2008), adapted to the framework of this study and its data weaknesses.…”

Section: Fiscal Policy and Growth Analysismentioning

confidence: 99%

Study on Quality of Public Finances in Support of Growth in the Mediterranean Partner Countries of the EU

Wulf

Coutinho²,

Sassanpour³

et al. 2010

SSRN Journal

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Public Expenditure and Economic Growth: A Disaggregated Analysis for Developing Countries*

Cited by 333 publications

References 47 publications

Education and Economic Growth: A Meta-Regression Analysis

Education and Economic Growth: A Meta-Regression Analysis

Military expenditure and economic growth: A meta-analysis

Study on Quality of Public Finances in Support of Growth in the Mediterranean Partner Countries of the EU

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