The Role of Public Finance in Economic Development: An Empirical Investigation
This paper focuses on the role of government finance in economic development. The effects of various kinds of public spending and revenue (mainly taxes) are examined. An empirical investigation of 56 developing countries is used to assess this role of the government and to evaluate whether it is facilitating or hindering the process of economic development. The findings suggest that government finance has played a positive role, refuting the conclusion advanced by some economists that there has been a government failure in development.
|Date of creation:||Apr 1995|
|Date of revision:||Apr 1995|
|Publication status:||Published by The Economic Research Forum (ERF)|
|Contact details of provider:|| Postal: |
Web page: http://www.erf.org.eg
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:erg:wpaper:9508. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Namees Nabeel)
If references are entirely missing, you can add them using this form.