Government Expenditure and Economic Growth in China

摘要：

When economists and politicians discuss the policies that could raise growth rates, usually fiscal policy takes centre stage. Using yearly data set from 1952 to 2008, this paper has proposed to use linear Granger causality to investigate the relationship between government expenditure and economic growth in China. The study finds that there is a strictly bidirectional Granger causality between the government expenditure and economic growth. The government expenditure drives economic growth and in turn is driven by economic growth. Furthermore, the bidirectional Granger causality is robust in eight years, after eight years the bidirectional Granger causality die out.

关键词： economic growth government expenditure granger causalit

作者: Zhaoxu Chen

作者单位: School of Public Administration Jilin University of Finance and Economics Changchun, 130117, China

会议类型: 国际会议

会议名称: The 2010 International Conference on Computer Application and System Modeling(2010计算机应用与系统建模国际会议 ICCASM 2010)

会议地点: 太原

会议语种:英文

页码: 57-61

在线出版日期: 2010-10-22（万方平台首次上网日期，不代表论文的发表时间）