Tag: Government expenditure

 Fiscal policy is crucial to achieving macroeconomic balance in a county. For example, in Kenya, the increase in the amount of public expenditure and the country’s fiscal deficits in relation to the country’s Gross Domestic Product has resulted in macroeconomic imbalance and the risk associated with this imbalance (GDP)....

There has been a significant expansion in the size of government expenditure in most economies around the world. Many studies have shown that there is a negative relationship between government size and economic growth after a certain point of government participation in the economy is reached. This study, therefore,...

Aims: The present study attempts to analyse the behaviour of government expenditure in relation to income using most appropriate advanced econometric techniques to test the Wagner’s law of increasing State’s activity in Indian scenario during the period of 1960 to 2018.  Data: The study uses the IMF database entitled...