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조회 : 3,046
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| · 자료구분 |
2016년 제30권 제4호 |
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| · 자료명 |
Composition of Expenditures and Economic Performance: Evidence from U.S. States |
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| · 저자 |
박소영 사용진박소영 사용진님 관련 자료검색 |
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| · 주제어 |
composition of expenditure, economic performance, gross state product (GSP) |
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| · 첨부파일 |
05박소영_사용진.pdf파일다운로드 Download : 116
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| · 내용 |
State governments create fiscal policies, but not all state policy decisions result in better economic performance. Economic performance depends on taxes and types of expenditures. The composition of public expenditures also is considered the instrument for promoting economic growth. This study attempts to examine how different types of expenditures (highway, education, and welfare expenditure) influence economic growth, as measured by change of gross state product (GSP) using a panel data set from 1998 to 2013. The results indicate that a high proportion of highway expenditure and education expenditure are positively related to economic growth rate. In addition, a high level of welfare expenditure is positively related to a state's economic growth rate. |
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