Public Expenditure and Economic Growth: Further Evidence for the European Union
This paper empirically investigates the short- and long-term impact of public expenditure on economic growth. We use annual data from 28 European Union (EU) countries for the 1995?2022 period and estimate a growth model augmented for public expenditure employing the Autoregressive Distributed Lag (A...
| Autores: | , , |
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| Tipo de recurso: | artículo |
| Fecha de publicación: | 2025 |
| País: | España |
| Institución: | Universidad de Alcalá (UAH) |
| Repositorio: | e_Buah Biblioteca Digital Universidad de Alcalá |
| Idioma: | inglés |
| OAI Identifier: | oai:ebuah.uah.es:10017/68344 |
| Acceso en línea: | http://hdl.handle.net/10017/68344 https://dx.doi.org/10.3390/economies13030060 |
| Access Level: | acceso abierto |
| Palabra clave: | Public expenditure Economic growth ARDL data panel methods Productive and unproductive expenditure European Union countries C23 F15 H50 O47 O52 Economía Economics |
| Sumario: | This paper empirically investigates the short- and long-term impact of public expenditure on economic growth. We use annual data from 28 European Union (EU) countries for the 1995?2022 period and estimate a growth model augmented for public expenditure employing the Autoregressive Distributed Lag (ARDL) panel data approach. Our results support the view that different categories of public expenditures have dissimilar long- and short-term effects on the economic performance of EU countries. |
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