scholarly journals Simple Analytics and Empirics of the Government Spending Multiplier and Other "Keynesian" Paradoxes

2010 ◽  
Author(s):  
Casey Mulligan
Keyword(s):  
Government Spending ◽  
The Government

scholarly journals Agriculture, Manufacturing and Economic Growth in Nigeria

2021 ◽  
Vol 04 (03) ◽  
Author(s):  
Atayi Abraham Vincent ◽  
Keyword(s):  
Government Spending ◽  
Agricultural Sector ◽  
Manufacturing Sector ◽  
Research Work ◽  
Least Square Method ◽  
Least Square ◽  
Ordinary Least Square ◽  
Positive Effects ◽  
The Government ◽  
Positive Effect

This research work address the positive effect of Agriculture on the manufacturing sector in Nigeria. The study made used of Ordinary Least Square Method estimation techniques. The findings showed that Agricultural output, government spending on agriculture, and real gross domestic product all have positive effects on the manufacturing sector. The effects is RGDP 66percent, AGRQ by 63%, and GOEXA by 96 percent. The study recommends among other things that government should allocate more resources to the Nigerian agricultural sector and ensure that the funds are judiciously use and that the government should also seek to strengthen its incentives for the manufacturing sector in order to promote increased industrial production and growth.

scholarly journals The Effects of Government Education Spending on School Enrollment in Indonesia

2020 ◽  
Vol 20 (1) ◽  
pp. 288
Author(s):  
Megawati Megawati
Keyword(s):  
Government Spending ◽  
Government Expenditure ◽  
Probit Model ◽  
School Enrollment ◽  
Education Spending ◽  
Cross Sectional ◽  
Interaction Terms ◽  
Education Data ◽  
Government Education ◽  
The Government

Government expenditure for education increases every year for the implementation of education sector including to increase the number of enrollment rate. However, there are some children who do not enroll in school especially senior high school-aged children. This study examines the effects of government spending on education on school enrollment in Indonesia. This research uses cross-sectional data from the National Socioeconomic Survey (Susenas) and the government spending on education data for four years. This study uses probit model by employing the government education spending as the main factor. The control variables used in this study consist of parents’ education, household expenditure, male, urban, birth order, the number of siblings, missing parent, GRDP per capita, year dummy, and interaction terms among some variables. The observation is divided into two groups of age: 7-15 and 16-18. The results show that the government education spending has a positive and significant effect on school enrollment in Indonesia. In addition, the interaction terms show that the government education spending is associated with greater probability of school enrollment for poor children and for the girls.

scholarly journals The Resilience of Indonesia’s State Budget against Central Government Debt

2020 ◽  
Vol 006 (02) ◽  
pp. 325-330
Author(s):  
Nugroho Suryo Bintoro
Keyword(s):  
Government Spending ◽  
Central Government ◽  
Government Debt ◽  
Infrastructure Development ◽  
State Budget ◽  
The Subject ◽  
The Government ◽  
Term Data ◽  
Made In

The growth of central government debt in Indonesia is the subject of endless discussion for both economists and experts in other fields. Although the government uses this debt in order to increase Indonesia's competence through infrastructure development, there are problems in the form of previous accumulated debts. This accumulative debt is known as the concept of “debt stock” which is assessed through Indonesia's fiscal resilience (APBN) to measure the repayment capacity of new debts that will be made in the future. This ability will be seen using long-term data from 1990 to 2016 which is reflected in the variables of central government debt, government spending and revenue so that it is known that Indonesia's central government debt can still be said to be sustainable and the Indonesian government should prioritize productive expenditures in order to increase government revenues.

scholarly journals Economic policy and confidence of economic agents – a causal relationship?

2020 ◽  
Vol 20 (4) ◽  
pp. 471-484
Author(s):  
Silvo Dajčman
Keyword(s):  
Fiscal Policy ◽  
Granger Causality ◽  
Government Spending ◽  
Government Expenditure ◽  
Policy Instruments ◽  
Consumer Confidence ◽  
Causality Analysis ◽  
Economic Agents ◽  
Business Confidence ◽  
The Government

AbstractThe purpose of this paper is to study whether innovations in monetary and fiscal policy are a leading indicator of future business and consumer confidence and reverse applying the panel Granger causality analysis to two periods in the history of the euro area: before and after the start of the Great Recession. The results show that Granger causality interaction between the confidence of economic agents and the stance of monetary policy (measured by the shadow rate) is stronger than between the former and the fiscal policy instruments. The European Central Bank (ECB) shadow rate innovations Granger caused business and consumer confidence in both periods, but also indicators of confidence Granger caused the shadow rate. No such feedback could be established between two fiscal policy instruments (government expenditure and revenue growth) and the indicators of confidence. Government spending and revenues Granger caused business confidence in the first subperiod, but not in the second subperiod when the causality reversed. The government revenues Granger caused consumer confidence in the first subperiod, while government expenditures in the second subperiod. Consumer confidence Granger caused government spending in the first subperiod.

scholarly journals On the size of the government spending multiplier in the euro area

2015 ◽  
Vol 67 (3) ◽  
pp. 531-552 ◽  
Author(s):  
Patrick Fève ◽  
Jean-Guillaume Sahuc
Keyword(s):  
Euro Area ◽  
Government Spending ◽  
The Government

France’s Macron seeks to relaunch economic reforms

2021 ◽  
Keyword(s):  
Government Spending ◽  
Social Care ◽  
Youth Unemployment ◽  
Economic Reforms ◽  
Fiscal Rules ◽  
Left Wing ◽  
Social Unrest ◽  
Content Type ◽  
The Government ◽  
Mandatory Vaccination

Significance Among those policies are measures targeted at youth unemployment and social care for older people, aimed at attracting left-wing support. Most importantly, Macron has committed to relaunching his controversial pension reforms, which triggered widespread social unrest in late 2019 and early 2020. Impacts Mandatory vaccination could trigger protests and legal action against the government. The centre-right Republicans could take support from Macron if they unite around a strong presidential candidate over the coming months. Macron will likely push for looser EU fiscal rules to facilitate more government spending beyond 2022.

John Maynard Keynes

2017 ◽  
Author(s):  
John Kenneth Galbraith
Keyword(s):  
General Theory ◽  
Government Spending ◽  
Full Employment ◽  
Government Expenditures ◽  
John Maynard Keynes ◽  
Winston Churchill ◽  
Modern Economy ◽  
The Government

This chapter examines the economic ideas of John Maynard Keynes. According to Keynes, the modern economy does not necessarily find its equilibrium at full employment; it can find it with unemployment. This is the underemployment equilibrium, in which Say's Law no longer holds; there can be a shortage of demand. The government can and should take steps to overcome this shortage. The chapter discusses in more detail the underemployment equilibrium, the repeal of Say's Law, the call for government spending uncovered by revenues to sustain demand—all of which made up the so-called the Keynesian Revolution. In particular, it considers Keynes's central prescription that there should be government expenditures financed by borrowing to sustain demand and employment. It also analyzes Keynes's criticism of Winston Churchill, his A Treatise on Money (1930), and the economic discussion that followed the publication of The General Theory of Employment Interest and Money (1936).

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