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The quality of governance, composition of public expenditures, and economic growth: An empirical analysis.

机译:治理质量,公共支出构成和经济增长:实证分析。

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摘要

This dissertation seeks to analyze, both theoretically and empirically, the impact of quality of governance on growth by looking at various dimensions of the concept of governance. We use a dynamic panel estimator and various indicators of governance to estimate the impact of governance on growth. Our empirical results suggest a positive and statistically significant impact of governance on growth.;The second part of the analysis looks at a possible transmission mechanism of the effect of governance on growth through the composition of expenditures. As such, we estimate a seemingly unrelated regressions (SUR) model with shares of three functional categories of public expenditures---education, health, and defense---in total spending as the dependent variables. We find that high quality governance leads to a higher share of education and health expenditures and a lower share of defense expenditures in total expenditures.;Further, we examine the impact of governance of public capital spending. Our empirical results from this analysis suggest that high quality governance is associated with a smaller share of capital expenditures in total expenditures
机译:本文试图通过研究治理概念的各个维度,从理论上和经验上分析治理质量对增长的影响。我们使用动态面板估计器和各种治理指标来估计治理对增长的影响。我们的实证结果表明,治理对增长具有积极的和统计上的显着影响。分析的第二部分着眼于通过支出构成对治理对增长的影响的可能传导机制。因此,我们估计了一个看似无关的回归(SUR)模型,其中公共支出的三个功能类别(教育,卫生和国防)在总支出中的份额作为因变量。我们发现,高质量的治理会导致教育和卫生支出的比例更高,而国防支出在总支出中所占的比例却更低。;此外,我们研究了公共资本支出的治理的影响。我们从该分析得出的经验结果表明,高质量的治理与资本支出在总支出中的比重较小有关

著录项

  • 作者

    Kagundu, Paul.;

  • 作者单位

    Georgia State University.;

  • 授予单位 Georgia State University.;
  • 学科 Economics General.
  • 学位 Ph.D.
  • 年度 2006
  • 页码 150 p.
  • 总页数 150
  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类
  • 关键词

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