文章基本信息

标题：Impact of Government Sectoral Expenditure on Economic Growth in Malawi, 1980-2007
本地全文：下载
作者：Emmanuel C. Musaba ; Pius Chilonda ; Greenwell Matchaya 等
期刊名称：Journal of Economics and Sustainable Development
印刷版ISSN：2222-2855
电子版ISSN：2222-2855
出版年度：2013
卷号：4
期号：2
页码：71-78
语种：English
出版社：The International Institute for Science, Technology and Education (IISTE)
摘要：This paper examines the impact of government sectoral expenditure on economic growth in Malawi. Using time series data from 1980 to 2007, cointegration analysis in the context of an error correction model was employed to estimate the growth effects of government expenditures in agriculture, education, health, defence, social protection and transport and communication. The short run results showed no significant relationship between government sectoral expenditure and economic growth. The long run results showed a significant positive effect on economic growth of expenditure on agriculture and defence. The expenditures on education, health, social protection and transportation and communication were negatively related to economic growth. To boost economic growth efficient management of resources allocated to all sectors should be emphasized.