Public expenditure and economic growth in WAEMU countries.
The objective of this study is to assess the effect of public expenditure on economic growth in WAEMU countries. Using a sample of seven (07) countries, we estimate the model of the effect of public spending on economic growth using the dynamic ordinary least squares (DOLS) estimator over the period 1990-2020. Our results show that total public spending positively and significantly influences economic growth in WAEMU countries. A disaggregation of total public expenditure into consumption expenditure, investment expenditure and recurrent expenditure was carried out; the results reveal that consumption and investment expenditure significantly and positively influence economic growth in WAEMU countries while recurrent expenditure has a significantly negative effect on economic growth in WAEMU countries.
Citer cet article
ANAGONOU, Ernest; CHABOSSOU, Augustin Foster C.. 2023. Public expenditure and economic growth in WAEMU countries.. Revue Française d'Economie et de Gestion. https://africanscientificindex.com/articles/revue-francaise-d-economie-et-de-gestion-public-expenditure-and-economic-growth-in-waemu-countries
Revue Française d'Economie et de Gestion (2023)
Source
Notice indexée sur African Scientific Index · 2026-09-27 · Source d’origine.
Déposant et vérification bibliographique : non renseignés.
Import OAI-PMH · Identifiant source : oai:ojs2.revuefreg.fr:article/1125