Government Expenditure and economic growth in west Africa: An empirical investigation

Identifier:  TDX:4480

Handle: https://hdl.handle.net/20.500.11797/TDX4480

Authors:  Davis, James Francis

Abstract:
The thesis, encompassing three key research articles, employed appropriate econometric techniques to investigate the effects of government expenditure on economic growth, the impacts of foreign aid on growth and the implications of growth and other variables on poverty and inequality in West Africa. English Using Ordinary Least Square(OLS) method and Seemingly Unrelated Regression(SUR) to examine the effects of public expenditure on economic growth in West Africa during the period 1985-2019, the results show that government consumption expenditures undermine per capital growth in West Africa during the study period while investment expenditure positively contributes to economic growth. Institutions matter for economic growth as the estimations indicate strong and quality institutions have positive effects on per capita growth in West Africa.