Local Economic Growth and Local Government Investment in Parks and Recreation, or Five Cheese Pizzas for $2.6 Million

2021 ◽  
Author(s):  
David M. Brasington
Keyword(s):  
Economic Growth ◽  
Local Government ◽  
Government Investment ◽  
Parks And Recreation ◽  
Local Economic Growth

scholarly journals Has Local Government Debt Promoted Economic Growth in developing countries? New evidence from a survey in China

2021 ◽  
Vol 235 ◽  
pp. 01014
Author(s):  
Tao Wu ◽  
Peng Zhong ◽  
Lingyue Wu
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Local Government ◽  
Local Governments ◽  
Bond Market ◽  
Smooth Transition ◽  
Government Bond ◽  
Open Market ◽  
Government Investment ◽  
Smooth Transition Regression

Based on the panel smooth transition regression (PSTR) model, this paper empirically analyzes the relationship between Chinese local government’s bond financing and economic growth, with the quarterly panel data of bonds issued by local governments and their investment and financing platform companies in the open market from 2008 to 2018 as samples. The research shows that there is a gradual non-linear relationship between local government bond market financing and economic growth in China. With the increase of the scale of local government bond market financing in China, the effect of bond market financing on economic growth will gradually decline and have a negative effect. This result means that for developing countries like China, it is not advisable to rely solely on government investment to drive economic growth.

scholarly journals SUSTAINABILITY ECONOMIC AND ECONOMIC GROWTH: THE MODERATING EFFECT OF DISPARITY REGION AND INCOME ON SOCIETY WELFARE

2018 ◽  
Vol 6 (5) ◽  
pp. 300-320
Author(s):  
Sjamsul Arief ◽  
Ujianto ◽  
Djohan Mashudi
Keyword(s):  
Economic Growth ◽  
Local Government ◽  
Path Analysis ◽  
Capital Expenditure ◽  
Income Disparity ◽  
Regional Government ◽  
Government Investment ◽  
Financial Independence ◽  
Insignificant Effect ◽  
Moderate Effect

This study aims to examine and analyze the influence of regional financial independence, capital expenditure, government investment with moderate effects of disparity between regions and income disparities to economic growth, employment and community welfare. Data analysis method used was Structural Equation Modeling (SEM) with Partial Least Square (PLS) approach, to test the ten hypotheses formulated in this research, then used path analysis (Path Analysis). The conclusions of this study are: (1) Regional financial independence has a positive and significant impact on economic growth, while regional financial independence with moderate effects of disparity between regions has a negative but not significant effect on economic growth. (2) Regional financial independence has a positive and insignificant effect on labor absorption, while regional financial independence with moderate effects of disparity between regions has positive and insignificant effect. (3) Regional financial independence has a positive and significant impact on the welfare of the community. (4) Local government capital expenditure has negative and insignificant effect on economic growth, while regional government capital expenditure with moderate effect of disparity between regions has positive and insignificant effect on economic growth. (5) Local government capital expenditure has negative and insignificant effect on labor absorption, while regional government capital expenditure with moderate effect of disparity between regions has positive and insignificant effect on labor absorption. (6) Local government investment has negative and insignificant effect on economic growth, while local government investment with moderate effect of inter-regional disparity has positive effect not significant to economic growth. (7) Local government investment has a positive and significant effect on labor absorption, while local government investment with moderate effect of disparity between regions has negative and insignificant effect on labor absorption. (8) Economic growth has a positive and significant impact on the welfare of the community, while the economic growth with the effect of moderation income disparity has a positive but insignificant effect on people's welfare. (9) Employment absorption has a negative and significant effect on people's welfare, while employment absorption with moderation effect of income disparity has negative and insignificant effect on people's welfare. (10) Local government investment has a positive and insignificant effect on people's welfare. Increased local government investment spending does not provide much improvement in the welfare of the people.

scholarly journals U.S. banking deregulation and local economic growth: A spatial analysis

2021 ◽  
Vol 43 ◽  
pp. 100506
Author(s):  
Laura Spierdijk ◽  
Pieter IJtsma ◽  
Sherrill Shaffer
Keyword(s):  
Economic Growth ◽  
Spatial Analysis ◽  
Banking Deregulation ◽  
Local Economic Growth

Is small firm gardening good for local economic growth?

2010 ◽  
Vol 17 (8) ◽  
pp. 809-813 ◽  
Author(s):  
Hart Hodges ◽  
Stein Østbye
Keyword(s):  
Economic Growth ◽  
Small Firm ◽  
Local Economic Growth ◽  
Good For

The Impact of the 2006 Yogyakarta Earthquake on Local Economic Growth

2018 ◽  
Vol 2 (2) ◽  
pp. 203-224
Author(s):  
Aloysius Gunadi Brata ◽  
Henri L. F. de Groot ◽  
Wouter Zant
Keyword(s):  
Economic Growth ◽  
Local Economic Growth ◽  
The Impact

Air pollution and economic growth under local government competition: Evidence from China, 2007–2016

2021 ◽  
pp. 130231
Author(s):  
Shurui Jiang ◽  
Xue Tan ◽  
Peiqi Hu ◽  
Yue Wang ◽  
Lei Shi ◽  
...  
Keyword(s):  
Economic Growth ◽  
Air Pollution ◽  
Local Government
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