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Total Public Expenditure and Long-term Economic Growth in Algeria: Applied Theoretical and Empirical Approaches using ECM

Author

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  • Mohamed YAGOUB

    (Mustapha Stambouli University, Mascara, Algeria)

Abstract

Our research is about use of whole public expenditure of operations and equipment as an instrument of economic growth. Traditional and new theoretical doctrines which are stated in our work indicate that theoretical framework adapted to treatment of this problematic belongs to models of internally formed growth. The aim of our study is to demonstrate importance of total expenditure of state on economic growth in Algeria. To attain this, we have considered carefully a variety of different patterns which have dealt with this main object. Thanks to Econometric modeling, we came to point that expenditures have no effect on economic growth.

Suggested Citation

  • Mohamed YAGOUB, 2019. "Total Public Expenditure and Long-term Economic Growth in Algeria: Applied Theoretical and Empirical Approaches using ECM," Management and Economics Review, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 4(2), pages 1-13, June.
  • Handle: RePEc:rom:merase:v:4:y:2019:i:2:p:83-91
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    References listed on IDEAS

    as
    1. Barro, Robert J, 1990. "Government Spending in a Simple Model of Endogenous Growth," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 103-126, October.
    2. Niloy Bose & M. Emranul Haque & Denise R. Osborn, 2007. "Public Expenditure And Economic Growth: A Disaggregated Analysis For Developing Countries," Manchester School, University of Manchester, vol. 75(5), pages 533-556, September.
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    More about this item

    Keywords

    budgetary policy; expenditure on operations; equipment expenditure; economic growth; ACP method;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • O42 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Monetary Growth Models
    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State

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