An Empirical Analysis of Discretionary and Accumulated Effects of Chinese Government Expenditure on Its GDP Growth -A Study Based on SVAR Approach

摘要：

This paper does an empirical analysis on the discretionary and accumulated effects of Chinese government expenditure on its GDP growth using the structure vector auto regression technique (SVAR). The variables involve government expenditure, tax revenue and GDP. The data used is an annual time series data covering the period of 1978-2008. Empirical results indicate that discretionary effect of Chinese government expenditure does not strongly react systematically to output changes while accumulated effect on GDP has a positive effect on GDPs long run growth.

关键词： SVAR Government expenditure Discretionary and Accumulated Effect GDP growth

作者: WANG Xiaoli

作者单位: School of Management, Inner Mongolia University of Technology, Hohhot, P.R.China 010051 Management School of Purdue University Calumet Hammond IN USA 46323

会议类型: 国际会议

会议名称: The 5th International Conference on Product Innovation Management(第五届产品创新管理国际会议 ICPIM 2010)

会议地点: 武汉

会议语种:英文

页码: 752-756

在线出版日期: 2010-07-10（万方平台首次上网日期，不代表论文的发表时间）