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How growth-friendly are productive public expenditures? An empirical analysis for Eastern Europe

Author

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  • Petru-Ovidiu MURA

    (West University of Timisoara)

Abstract

This paper investigated the effects of productive public expenditures over economic growth, using a panel-model approach, in 6 East-European countries during 1990-2013. The paper contributes to the specific literature, showing how different types of productive public expenditures influence economic growth, under an extended set of economic and socio-political control variables. The findings revealed that education, R&D and infrastructure expenditure are positively correlated with economic growth, while health expenditure seems to have a negative impact.

Suggested Citation

  • Petru-Ovidiu MURA, 2014. "How growth-friendly are productive public expenditures? An empirical analysis for Eastern Europe," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(10(599)), pages 7-20, October.
    • Handle: RePEc:agr:journl:v:xxi:y:2014:i:10(599):p:7-20
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    Citations

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    Cited by:

    1. Lingxiao WANG & Adelina DUMITRESCU PECULEA & Handuo XU, 2016. "The relationship between public expenditure and economic growth in Romania: Does it obey Wagner’s or Keynes’s Law?," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(3(608), A), pages 41-52, Autumn.
    2. Martina Halaskova & Renata Halaskova & Viktor Prokop, 2018. "Evaluation of Efficiency in Selected Areas of Public Services in European Union Countries," Sustainability, MDPI, vol. 10(12), pages 1-17, December.
    3. Hasnul, Al Gifari, 2015. "The effects of government expenditure on economic growth: the case of Malaysia," MPRA Paper 71254, University Library of Munich, Germany.
    4. Lingxiao WANG & Adelina DUMITRESCU PECULEA & Handuo XU, 2016. "The relationship between public expenditure and economic growth in Romania: Does it obey Wagner’s or Keynes’s Law?," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(3(608), A), pages 41-52, Autumn.
    5. Coroiu Sorina Ioana, 2015. "Perspectives Of Inflation Targeting, In The Current Economic Context," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 2, pages 287-292, April.

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