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A Dynamic Panel Data Analysis for Relationship between Structural Policy and Economic Growth

机译:结构性政策与经济增长之间关系的动态面板数据分析

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Governments around the world must formulate and implement policies for taxation and public spending. These policies can have major impacts on economic growth, income distribution, and poverty, and thus they tend to be at the center of economic and political debates. In this study, we estimate the dynamic relationship between structural policy and economic growth. We will try to bring some theoretical literature on the relations of structural policy emergence as a new approach of economic coordination. Our empirical study recently bases on various estimation methods developed within dynamic panel framework for a sample of 6 countries over 1975-2012. We used Generalized Moment Method, causality tests and unit root applied to panel data. Results suggest a positive and significant relation between structural policy and economic growth for all countries sample.
机译:世界各国政府必须制定和执行税收和公共支出政策。这些政策可能对经济增长,收入分配和贫困产生重大影响,因此它们往往成为经济和政治辩论的中心。在这项研究中,我们估计了结构性政策与经济增长之间的动态关系。我们将尝试引入一些有关结构性政策出现的关系的理论文献,作为经济协调的新方法。我们最近的实证研究基于动态面板框架内为1975-2012年间6个国家的样本开发的各种估算方法。我们使用了广义矩法,因果关系检验以及将单位根应用于面板数据。结果表明,所有国家样本的结构性政策与经济增长之间都存在积极而显着的关系。

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