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Open Access Journal Article

Government Expenditure and Economic Growth

by Sarah Martin 1,*
1
Sarah Martin
*
Author to whom correspondence should be addressed.
EFRL  2022 4(1):29; https://doi.org/10.69610/j.efrl.20220512
Received: 18 March 2022 / Accepted: 20 April 2022 / Published Online: 12 May 2022
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Abstract

The study examines the relationship between government expenditure and economic growth in a comprehensive manner. By analyzing various empirical models, this paper establishes a framework that explores the direct and indirect impacts of government spending on economic development. The analysis encompasses both the short-term and long-term effects of government expenditure on key economic indicators, such as GDP, employment, and investment. The paper finds that government expenditure plays a crucial role in stimulating economic growth through investment in infrastructure, education, and healthcare. Additionally, it highlights the importance of maintaining a balanced fiscal policy to ensure that government spending does not lead to inflation or excessive debt. The study further suggests that the quality and efficiency of government expenditure are essential factors in determining its contribution to economic growth. By considering these factors, policymakers can effectively allocate resources to maximize the positive impact of government spending on the overall economy.

Keywords: Government Expenditure; - Economic Growth; - Fiscal Policy; - Infrastructure Investment; - Policy Allocation.;
Copyright: © 2022 by Martin. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY) (Creative Commons Attribution 4.0 International License). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.
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APA Style
Martin, S. (2022). Government Expenditure and Economic Growth. Economics and Finance Research Letters, 4(1), 29. doi:10.69610/j.efrl.20220512
ACS Style
Martin, S. Government Expenditure and Economic Growth. Economics and Finance Research Letters, 2022, 4, 29. doi:10.69610/j.efrl.20220512
AMA Style
Martin S. Government Expenditure and Economic Growth. Economics and Finance Research Letters; 2022, 4(1):29. doi:10.69610/j.efrl.20220512
Chicago/Turabian Style
Martin, Sarah 2022. "Government Expenditure and Economic Growth" Economics and Finance Research Letters 4, no.1:29. doi:10.69610/j.efrl.20220512

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ACS Style
Martin, S. Government Expenditure and Economic Growth. Economics and Finance Research Letters, 2022, 4, 29. doi:10.69610/j.efrl.20220512
AMA Style
Martin S. Government Expenditure and Economic Growth. Economics and Finance Research Letters; 2022, 4(1):29. doi:10.69610/j.efrl.20220512
Chicago/Turabian Style
Martin, Sarah 2022. "Government Expenditure and Economic Growth" Economics and Finance Research Letters 4, no.1:29. doi:10.69610/j.efrl.20220512
APA style
Martin, S. (2022). Government Expenditure and Economic Growth. Economics and Finance Research Letters, 4(1), 29. doi:10.69610/j.efrl.20220512

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