THE LONG-RUN RELATIONSHIP EDUCATION, HEALTH, SECURITY AND SOCIAL WELFARE EXPENDITURES AND ECONOMIC GROWTH IN ORGANIZATION OF ISLAMIC COUNTRIES (DYNAMIC ORDINARY LEAST SQUARE IN PANEL DATA)

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SADEGHI SEYED KAMAL

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Journal: MAJLIS & RAHBORD Year:2015 | Volume:21 | Issue:80 Page(s): 113-136

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Title

THE LONG-RUN RELATIONSHIP EDUCATION, HEALTH, SECURITY AND SOCIAL WELFARE EXPENDITURES AND ECONOMIC GROWTH IN ORGANIZATION OF ISLAMIC COUNTRIES (DYNAMIC ORDINARY LEAST SQUARE IN PANEL DATA)

Author(s)

SADEGHI SEYED KAMAL | Issue Writer Certificate

Keywords

EDUCATION EXPENDITUREQ2

HEALTH EXPENDITUREQ1

SECURITY AND SOCIAL EXPENDITUREQ2

ECONOMIC GROWTHQ2

DYNAMIC ORDINARY LEAST SQUARE (DOLS)Q2

Abstract

The investigation of government effect on the ECONOMIC GROWTH is one of the main important issues in endogenous growth models and has been considered in economic literatures.For this purpose, the objective of this paper is to investigate the long-run relationship between government expenditures such as expenditure on education, health, security and social welfare with ECONOMIC GROWTH in 57 OIC countries over the period of 1970-2010.The estimation of econometric model by using of DOLS co-integrating approach indicates that education, security and social welfare expenditures have positive and fiscal deficit has negative and significant effect on ECONOMIC GROWTH.

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APA: Copy

SADEGHI, SEYED KAMAL. (2015). THE LONG-RUN RELATIONSHIP EDUCATION, HEALTH, SECURITY AND SOCIAL WELFARE EXPENDITURES AND ECONOMIC GROWTH IN ORGANIZATION OF ISLAMIC COUNTRIES (DYNAMIC ORDINARY LEAST SQUARE IN PANEL DATA). MAJLIS & RAHBORD, 21(80), 113-136. SID. https://sid.ir/paper/224930/en

Vancouver: Copy

SADEGHI SEYED KAMAL. THE LONG-RUN RELATIONSHIP EDUCATION, HEALTH, SECURITY AND SOCIAL WELFARE EXPENDITURES AND ECONOMIC GROWTH IN ORGANIZATION OF ISLAMIC COUNTRIES (DYNAMIC ORDINARY LEAST SQUARE IN PANEL DATA). MAJLIS & RAHBORD[Internet]. 2015;21(80):113-136. Available from: https://sid.ir/paper/224930/en

IEEE: Copy

SEYED KAMAL SADEGHI, “THE LONG-RUN RELATIONSHIP EDUCATION, HEALTH, SECURITY AND SOCIAL WELFARE EXPENDITURES AND ECONOMIC GROWTH IN ORGANIZATION OF ISLAMIC COUNTRIES (DYNAMIC ORDINARY LEAST SQUARE IN PANEL DATA),” MAJLIS & RAHBORD, vol. 21, no. 80, pp. 113–136, 2015, [Online]. Available: https://sid.ir/paper/224930/en

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