Download This PaperThe Impact of Government Expenditures, Taxes On Economic Growth in Jordan
American Based Research Journal, Vol. 7 Issue 12, December 2018
7 Pages Posted: 18 May 2020
Date Written: 2018
Abstract
The objective of this paper is to investigate the effect of taxes and government expenditures on economic growth in Jordan using a time series data for the period 1970-2017.Gross Domestic Product (GDP) was adopted as the dependent variable while Taxes (T) and government expenditure (GE) represents the independent variables. In addition, this study used Auto-regressive Distributive Lag (ARDL), the unit root tests Augmented Dickey-Fuller (ADF), Phillip-Perron (PP) for the analysis .The study found that the taxes and government expenditure at the aggregate level have a significant positive impact on economic growth.
Keywords: Economic Growth, Government Expenditure, Taxes
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