IDEAS home Printed from https://ideas.repec.org/a/taf/macfem/v16y2023i3p409-427.html
   My bibliography  Save this article

Role of institution quality in the impact of government expenditure on economic development: a case study in Vietnamese provinces

Author

Listed:
  • Nguyen Viet Hong Anh
  • Tran Thi Kim Oanh

Abstract

To examine the impact of fiscal policy through public spending at provincial level in Vietnam, this study uses the combination among different regression methods for panel data of 63 Vietnamese provinces during the period 2010–2020. The Feasible General Least Squares (FGLS) estimator and S-GMM estimator shows that there exists a positive effect of government expenditure on provincial economic growth. Moreover, the contribution of investment expense to supporting economic activity is expected more effective than that of current expenditure in the context of Vietnamese provinces. With techniques for analysing the marginal effects of interactive variables in research model, the role of local institutional quality is confirmed to improve the positive impact of government expenditure on provincial economic growth. In general, some policy implications are suggested based on the results to help local government stimulate the economic development in Vietnam.

Suggested Citation

  • Nguyen Viet Hong Anh & Tran Thi Kim Oanh, 2023. "Role of institution quality in the impact of government expenditure on economic development: a case study in Vietnamese provinces," Macroeconomics and Finance in Emerging Market Economies, Taylor & Francis Journals, vol. 16(3), pages 409-427, September.
    • Handle: RePEc:taf:macfem:v:16:y:2023:i:3:p:409-427
    DOI: 10.1080/17520843.2023.2248780
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/17520843.2023.2248780
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/17520843.2023.2248780?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:macfem:v:16:y:2023:i:3:p:409-427. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/REME20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.