Public spending and economic growth: A granger's causality test in a multivariate model for the case of Vietnam

Chia sẻ: Danh Nguyen Tuong Vi | Ngày: | Loại File: PDF | Số trang:9

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Public spending and economic growth: A granger's causality test in a multivariate model for the case of Vietnam

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This paper looks into the causal relationship between public spending and economic growth. The research model is developed from the comprehensive production function wherein public spending is split into two components (i.e. budget spending and ODA spending) with a view to evaluating how efficiently public finance resources are allocated.

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Nội dung Text: Public spending and economic growth: A granger's causality test in a multivariate model for the case of Vietnam

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