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The Composition of Public Expenditure and Economic Growth: Can Anything be Learned from Swiss Data?

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  • Raju Jan Singh
  • Rene Weber

Abstract

Using time-series tests, the paper provides evidence that fiscal spending can influence long-run growth. Data on six functional categories of public spending (education, health care, social welfare, transport, justice and national defense) over the period 1950 to 1994 are examined for Switzerland. Permanent growth effects are found only for two expenditure categories: education (positive) and health care (negative). In addition, higher spending on transport infrastructure and on defense appear to exert a temporary influence.

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Bibliographic Info

Article provided by Swiss Society of Economics and Statistics (SSES) in its journal Swiss Journal of Economics and Statistics.

Volume (Year): 133 (1997)
Issue (Month): III (September)
Pages: 617-634

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Handle: RePEc:ses:arsjes:1997-iii-17

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Cited by:
  1. World Bank, 2000. "Guatemala : Expenditure Reform in a Post-Conflict Country," World Bank Other Operational Studies 15481, The World Bank.
  2. Celal Kucuker, 2003. "Türkiye Ýktisat Kongresi Büyüme Stratejileri Çalýþma Grubu," Working Papers 2003/5, Turkish Economic Association.
  3. W. Robert Reed & Nurul Sidek, 2013. "A Replication of "Meta-Analysis of the Effect of Fiscal Policies on Long-Run Growth" (European Journal of Political Economy, 2004)," Working Papers in Economics 13/33, University of Canterbury, Department of Economics and Finance.
  4. Christoph A. Schaltegger & Benno Torgler, 2004. "Growth Effects of Public Expenditure on the State and Local Level: Evidence from a Sample of Rich Governments," CREMA Working Paper Series 2004-16, Center for Research in Economics, Management and the Arts (CREMA).
  5. World Bank, 2009. "Seychelles - Public Expenditure Review," World Bank Other Operational Studies 3089, The World Bank.

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