A Nonparametric Estimation on the Relations between Government Public Expenditure and Economic Growth

Abstract:

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Based on the panel data of 30 provinces, municipalities and autonomous regions from 1994 to 2008, this paper uses the method of non-parametric estimation to do empirical analysis for the relations of physical capital stock, labor input and government public expenditure with GDP. The research results show that: The elasticity of physical capital stock, labor input and government public expenditure are e different at different times respectively; And the marginal effect of government public expenditure changes with the change of physical capital stock, labor input and government public expenditure.

Info:

Periodical:

Edited by:

Xuejun Zhou

Pages:

1318-1321

DOI:

10.4028/www.scientific.net/AMM.90-93.1318

Citation:

J. H. Duan and J. B. Chen, "A Nonparametric Estimation on the Relations between Government Public Expenditure and Economic Growth", Applied Mechanics and Materials, Vols. 90-93, pp. 1318-1321, 2011

Online since:

September 2011

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$35.00

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