How Does Governance Modify the Relationship between Public Finance and Economic Growth: A Global Analysis
Aiming to investigate the role of governance in modifying the relationship between public finance and economic growth, this study applied a seemingly unrelated regression model for the panel data of 38 developed and 44 developing countries from 1996 to 2016. It is easy to see that this research meas...
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oai:112.137.131.14:VNU_123-635452019-01-11T02:30:23Z How Does Governance Modify the Relationship between Public Finance and Economic Growth: A Global Analysis Nguyen, Phuong Lien Governance Public finance Economic growth Developed and developing countries Aiming to investigate the role of governance in modifying the relationship between public finance and economic growth, this study applied a seemingly unrelated regression model for the panel data of 38 developed and 44 developing countries from 1996 to 2016. It is easy to see that this research measures public finance by two parts of the subcomponents: total tax revenue and general government expenditure. We also call governance the “control of corruption indicator”. 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. 2019-01-11T02:30:23Z 2019-01-11T02:30:23Z 2018 Article Nguyen, P. L. (2018). How Does Governance Modify the Relationship between Public Finance and Economic Growth: A Global Analysis. VNU Journal of Science: Economics and Business, Vol. 34, No. 5E (2018) 1-25 2588-1108 http://repository.vnu.edu.vn/handle/VNU_123/63545 https://doi.org/10.25073/2588-1108/vnueab.4165 en VNU Journal of Science: Economics and Business; application/pdf H. : ĐHQGHN |
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Governance Public finance Economic growth Developed and developing countries |
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Governance Public finance Economic growth Developed and developing countries Nguyen, Phuong Lien How Does Governance Modify the Relationship between Public Finance and Economic Growth: A Global Analysis |
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Aiming to investigate the role of governance in modifying the relationship between public finance and economic growth, this study applied a seemingly unrelated regression model for the panel data of 38 developed and 44 developing countries from 1996 to 2016. It is easy to see that this research measures public finance by two parts of the subcomponents: total tax revenue and general government expenditure. We also call governance the “control of corruption indicator”. 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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Article |
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Nguyen, Phuong Lien |
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Nguyen, Phuong Lien |
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Nguyen, Phuong Lien |
title |
How Does Governance Modify the Relationship between Public Finance and Economic Growth: A Global Analysis |
title_short |
How Does Governance Modify the Relationship between Public Finance and Economic Growth: A Global Analysis |
title_full |
How Does Governance Modify the Relationship between Public Finance and Economic Growth: A Global Analysis |
title_fullStr |
How Does Governance Modify the Relationship between Public Finance and Economic Growth: A Global Analysis |
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How Does Governance Modify the Relationship between Public Finance and Economic Growth: A Global Analysis |
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how does governance modify the relationship between public finance and economic growth: a global analysis |
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H. : ĐHQGHN |
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2019 |
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http://repository.vnu.edu.vn/handle/VNU_123/63545 https://doi.org/10.25073/2588-1108/vnueab.4165 |
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