6533b835fe1ef96bd129fc82
RESEARCH PRODUCT
Composition des dépenses publiques et impacts sur la croissance économique : analyses théoriques et empiriques sur des panels de pays développés, émergents et en voie de développement
Léon-amath Dionesubject
Economic activityEmerging and developed countriesOptimal sizeDépenses publiquesTaille optimaleComposantes des dépenses publiques[SHS.ECO]Humanities and Social Sciences/Economics and FinanceActivité économiquePublic spending and its componentsDevelopingÉmergents et en voie de développement[ SHS.ECO ] Humanities and Social Sciences/Economies and finances[SHS.ECO] Humanities and Social Sciences/Economics and FinancePays développésdescription
The economic role of the State has been the subject of much debate both from theoretical and the practical perspectives. The actors of these controversies include the objectors of the efficiency of the public intervention since Smith to the present days, Keynesians and economists of the synthesis. Topics ranging from principle of the invisible hand, tax, expectations, burden of the debt, crowding out effect, public sector production are treated through of such debates. The work explains the breakdown of public spending components and implications for countries at levels development (OECD, BRICS, and WAEMU). The study also indicated that the effects of the public spending and its components on the economic activity are different according countries’ stage of development. A lastly, research work suggests that the optimal size of the public spending and its components are an increasing function of the level of development with the exception of military expenditures.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2016-09-28 |