How does governance modify the relationship between public finance and economic growth: A global analysis

Chia sẻ: Hung Hung | Ngày: | Loại File: PDF | Số trang:25

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How does governance modify the relationship between public finance and economic growth: A global analysis

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The finding indicates that governance always positively affects the economy. However, when it interacts with public finance, this interaction has a diverse effect on economic growth in developed countries, depending on tax revenue or government expenditure. Nevertheless, in developing countries, this interaction has a beneficial impact on the growth of an economy.

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