@article{article_385016, title={Government Expenditures and Economic Growth: An Analysis of Developed, Developing and Underdeveloped Countries}, journal={Anemon Muş Alparslan Üniversitesi Sosyal Bilimler Dergisi}, volume={6}, pages={519–529}, year={2018}, DOI={10.18506/anemon.385016}, author={Ağırman, Ensar and Yılmaz, Ömer}, keywords={Government Expenditure,Economic Growth,Panel Data Analysis}, abstract={<span lang="en-us" style="font-size:9pt;line-height:107%;font-family:Calibri, ’sans-serif’;" xml:lang="en-us">This paper assess how the government
expenditures affected economic growth in developed, developing and
underdeveloped countries by using the unbalanced panel approach for the period
of 1980-2012. The results indicate that government spending has positive
significant impact on economic growth in fixed and random effect models for
underdeveloped countries, while for developed countries there is a significant
negative relationship between government expenditure and economic growth in
both fixed and random effect models. For the developing countries government
spending has negative significant impact on economic growth in case of fixed
effect model, while for the random effect model, there is positive and
insignificant relationship of government spending to economic growth.    </span>}, number={4}, publisher={Mus Alparslan University}