Added Title

DLSU-AKI Working Paper Series 2021-08-068

College

School of Economics

Department/Unit

Economics

Document Type

Working Paper

Publication Date

8-2021

Abstract

Government expenditure is a known tool of fiscal policy. For a fiscal policy to fit the economic needs of a country, nuances regarding government expenditure such as economic dimensions must be considered as determinants of fiscal policy. This study assessed an econometric model of the significance of economic dimensions to government expenditure by utilizing data from 50 countries throughout 1999–2019. Hence, statistical tests and econometric methods such as fixed effects regression are executed to determine objectives of interest. This study contributes to the economic undertakings of various countries to plan and implement their strategic economic directions.

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Disciplines

Econometrics | Political Economy

Keywords

government expenditure; economic dimensions; fiscal policy; fixed effects model

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