Optimal government size and economic growth in developing and Mena countries : a dynamic panel threshold analysis
Joint Authors
Source
Economic Research Forum : Working Paper Series
Issue
Vol. 2018, Issue 1172-1274 (31 Dec. 2018)27 p.
Publisher
Economic Research Forum for the Arab Countries Iran and Turkey
Publication Date
2018-12-31
Country of Publication
Egypt
No. of Pages
27
Main Subjects
Topics
- Economic development
- Economic analysis
- Developing countries
- North Africa
- Middle East
- Twenty-first century
Abstract EN
This paper aims to investigate the optimal government size as well as its effect on economic growth in selected MENA and developing countries over the period from 1988 to 2016.
We use the model of Chudik et al.
(2017) in order to estimate public expenditures threshold and its effect on growth.
The main finding of this study shows that there is a government expenditure threshold effects on economic growth for all panel groups.
Indeed, the threshold is between 10-30 percent for whole sample, 20 and 30 percent for MENA countries and 10 and 20 percent for developing countries.
It is also clear that this threshold effect is significantly greater for MENA countries.
Moreover, we found evidence of a U-shaped relationship between government expenditure and economic growth.
American Psychological Association (APA)
Rida, Nuriyah& Kawni, Muhammad. 2018. Optimal government size and economic growth in developing and Mena countries : a dynamic panel threshold analysis. Economic Research Forum : Working Paper Series،Vol. 2018, no. 1172-1274.
https://search.emarefa.net/detail/BIM-957283
Modern Language Association (MLA)
Rida, Nuriyah& Kawni, Muhammad. Optimal government size and economic growth in developing and Mena countries : a dynamic panel threshold analysis. Economic Research Forum : Working Paper Series No. 1172-1274 (Dec. 2018).
https://search.emarefa.net/detail/BIM-957283
American Medical Association (AMA)
Rida, Nuriyah& Kawni, Muhammad. Optimal government size and economic growth in developing and Mena countries : a dynamic panel threshold analysis. Economic Research Forum : Working Paper Series. 2018. Vol. 2018, no. 1172-1274.
https://search.emarefa.net/detail/BIM-957283
Data Type
Journal Articles
Language
English
Notes
Includes appendices : p. 14-24
Record ID
BIM-957283