文章基本信息

标题：The government revenue economic growth relationship in emerging and developing Asia countries: Does governance matter
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作者：Thi Hoa Nguyen
期刊名称：Academy of Strategic Management Journal
印刷版ISSN：1544-1458
出版年度：2022
卷号：21
期号：2
页码：1-10
语种：English
出版社：The DreamCatchers Group, LLC
摘要：Government revenue plays an important role in the process of economic growth and development in a country. Changes in government policies and regulations (institutional quality) may help increase government revenues, but it can be detrimental to economic growth. The main objective of this study is to empirically investigate the role of governance in the government revenue – economic growth relationship for a balanced panel of 17 emerging and developing Asian countries over the period 2002 – 2019 using the difference GMM Arellano-Bond estimators. The results show that government revenue decreases while governance increases economic growth but their interaction reduces it. Besides, trade openness and inflation are significant determinants of economic growth in these countries. These findings provide some crucial policy implications for governments in these countries in reforming and improving governance to appropriately manage and use government revenue for economic growth and development.
关键词：Government Revenue;Governance;Economic Growth;Emerging and Developing Asian Countries;Difference Gmm Arellano-Bond Estimator