Determinants of Public Ezpenditure on Infrastructure:Some Empirical Evidence from a Cross-Country Panel Data

摘要：

By using Panel Data estimation method with cross-section and time fixed effects,we empirically study factors that influence infrastructure spending rate in government income.Our empirical evidence indicates that public expenditure on infrastructure responds significantly to institutions.Besides,infrastructure spending rate in government income is positively influenced by infrastructure expenditure of last year,labor force participation rate and budget deficit,while negatively influenced by urbanization,population densities and government size.And we find that external economic has no affect on infrastructure spending rate.

作者: Zhang,Guangnan Yang,Zihui

作者单位: Center for studies of Hong Kong, Macao and Pearl River Delta, Sun Yat-sen University, Guangzhou, P.R Sun Yat-sen University,Chen,Guanghan

会议类型: 国际会议

会议名称: PAN-PACIFIC CONFERENCE XXVI(“战略创新、协作融合泛太平洋管理学会第26届年会)

会议地点: 深圳

会议语种:英文

页码: 300-302

在线出版日期: 2009-06-01（万方平台首次上网日期，不代表论文的发表时间）