@article{article_1083001, title={The Impact of Economic Growth on Government Expenditures in Sub-Saharan African Countries: A Panel Data Analysis for Wagner Law and Keynesian Approach}, journal={JOEEP: Journal of Emerging Economies and Policy}, volume={7}, pages={297–304}, year={2022}, author={Kabakçı Günay, Eylül and Aygun, Betul}, keywords={Keynesyen Yaklaşım, Wagner Yasası, Sahra Altı Afrika, Kamu Harcamaları, Ekonomik Büyüme}, abstract={This study aims to research whether Keynesian approach or Wagner Law is valid for 30 Sub-Saharan countries between the period of 1990-2019. The validity of the Wagner law and Keynesian approach has been tested by using an econometric model, which is derived from the Payne -Ewing model. As a panel coefficient estimator, the AMG estimator has been preferred that derived by Eberhardt and Teal (2010). As a consequence, it is concluded that government expenditure affects economic development in Sub-Saharan African countries. It is determined that government expenditure affects economic growth, and the direction of this effect is negative. This means government expenditure decreases economic growth in Sub-Saharan African countries. Consequently, Keynesian approach is valid for Sub-Saharan African countries. Each 1-unit increase in public expenditures in the African countries in question; it causes a 0.3-unit decrease in economic growth. The finding is consistent with that of Robert Barro’s (1990) research that stated public expenditures may have an effect on economic growth, but this effect will not always be positive.}, number={1}, publisher={Seyfettin ERDOĞAN}