Government Spending and Economic Growth in the European Union Countries: An Empirical Approach
11 Pages Posted: 14 Jul 2006
Date Written: July 2006
The relationship between government spending and economic growth is an important and controversial issue in modern societies. In this paper, the correlation between economic growth and government expenditure is studied. The analysis is based on data for the European Union countries and panel data techniques are used.
Keywords: Government spending, social protection, economic growth
JEL Classification: H20, E62, O40
Suggested Citation: Suggested Citation