ANALYSIS OF THE RELATIONSHIP BETWEEN GOVERNMENT EXPENDITURES AND ECONOMIC GROWTH IN FRAMEWORK OF BARRO GROWTH MODEL

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ASADI MOHAMMAD REZA; ORYANI BAHAREH; MOUSAVI MIR HOSSEIN; NEMATPOUR MASOUMEH

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Journal: ECONOMIC RESEARCH REVIEW Year:2010 | Volume:10 | Issue:3 (38) Page(s): 145-173

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Title

ANALYSIS OF THE RELATIONSHIP BETWEEN GOVERNMENT EXPENDITURES AND ECONOMIC GROWTH IN FRAMEWORK OF BARRO GROWTH MODEL

Author(s)

ASADI MOHAMMAD REZA | ORYANI BAHAREH | MOUSAVI MIR HOSSEIN | NEMATPOUR MASOUMEH | Issue Writer Certificate

Keywords

IRANQ2

ECONOMIC GROWTHQ2

ENDOGENOUS GROWTH MODELSQ3

BARRO’S GROWTH MODELQ2

PRODUCTIVE & NONPRODUCTIVE GOVERNMENT EXPENDITURESQ3

Abstract

Government and its size affect on economic performance and has been in the center of attentions in economic discussions for many years. Some theories prevent government from intervention in economic activities and the other believes that government could accelerate growth and development. In the latter context, Barro believes that government expenditures could improve ECONOMIC GROWTH performance if it can modify externalities, monopolies and problems associated with public goods. The government has to define property rights and establish security in economy to improve public participation and consequently ECONOMIC GROWTH rate.The result shows that the relationship is nonlinear and optimal share of government investment expenditures to GDP is approximately 9.6 percent.

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APA: Copy

ASADI, MOHAMMAD REZA, ORYANI, BAHAREH, MOUSAVI, MIR HOSSEIN, & NEMATPOUR, MASOUMEH. (2010). ANALYSIS OF THE RELATIONSHIP BETWEEN GOVERNMENT EXPENDITURES AND ECONOMIC GROWTH IN FRAMEWORK OF BARRO GROWTH MODEL. ECONOMIC RESEARCH REVIEW, 10(3 (38)), 145-173. SID. https://sid.ir/paper/67305/en

Vancouver: Copy

ASADI MOHAMMAD REZA, ORYANI BAHAREH, MOUSAVI MIR HOSSEIN, NEMATPOUR MASOUMEH. ANALYSIS OF THE RELATIONSHIP BETWEEN GOVERNMENT EXPENDITURES AND ECONOMIC GROWTH IN FRAMEWORK OF BARRO GROWTH MODEL. ECONOMIC RESEARCH REVIEW[Internet]. 2010;10(3 (38)):145-173. Available from: https://sid.ir/paper/67305/en

IEEE: Copy

MOHAMMAD REZA ASADI, BAHAREH ORYANI, MIR HOSSEIN MOUSAVI, and MASOUMEH NEMATPOUR, “ANALYSIS OF THE RELATIONSHIP BETWEEN GOVERNMENT EXPENDITURES AND ECONOMIC GROWTH IN FRAMEWORK OF BARRO GROWTH MODEL,” ECONOMIC RESEARCH REVIEW, vol. 10, no. 3 (38), pp. 145–173, 2010, [Online]. Available: https://sid.ir/paper/67305/en

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