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1

Government Spending and Inclusive-Growth Relationship in Nigeria: An Empirical Investigation

100%
Kolawole B. O.
Zagreb International Review of Economics and Business
|
2016
|
vol. 19
|
issue 2
33-56
EN
This study has investigated the relationship between government spending and inclusive growth in Nigeria over the period 1995 to 2014. Specifically, it examined how, and to what extent, government spending on education, government spending on health, economic freedom, public resource use, and real GDP growth rate have impacted on inclusive growth in the country. It used the Dickey-Fuller GLS unit root test to ascertain the order of integration of the series. Consequently, through the Auto-Regressive Distributed Lag (ARDL) bound testing technique, the study found that in the long-run government spending on health, economic freedom, public resource use and real GDP growth rate had significantly positive influence on inclusive growth. In the short-run, however, only real GDP impacted significantly on inclusive growth while other variables were not significant in causing inclusive growth. Thus, in conclusion, government spending in the form of redistributive spending on health propelled inclusive growth in Nigeria.
2

Family And Economic Growth In Poland

80%
Sztaudynger J. J.
Folia Oeconomica Stetinensia
|
2014
|
vol. 14
|
issue 2
53-75
EN
In the article we test the hypothesis that the weakening of family ties, as measured by the reduction in the number of marriages, a cascade of divorces and the decrease in the fertility rate, has brought about an economic slowdown in Poland. We also suppose that the economic growth and increased standard of living influence the increasing number of marriages, the fertility rate, and results in a decreasing number of divorces. We verify these hypotheses using an econometric model of economic growth with the family social capital. The model consists of seven stochastic equations and exhibits the feedback between GDP, labour productivity and some variables representing social capital, in particular the marriage disintegration ratio. We try to verify the hypothesis of the existence of an optimal divorce rate for economic growth.
3

Horizontal Fiscal Imbalance In The United States

80%
Kowalik P.
Folia Oeconomica Stetinensia
|
2014
|
vol. 14
|
issue 2
140-151
EN
Regional inequalities are currently a challenge for the majority of countries, in particular large ones, certain of which are federations. The federal state system is more complex than the unitary system. This results in specific problems. One of them is the issue of differing level of economic development of individual territorial units, whereby the problem of income redistribution emerges. The difference between income and expenses results in the formation of fiscal gaps, both horizontal and vertical ones. The aim of the paper is to present the measures applied for measuring the horizontal fiscal imbalance. It is also the starting point for conducting measurements of those imbalances in the USA based on the presented measures. The paper presents the measures applied in the literature for the purposes of measuring horizontal fiscal imbalance. In addition, the measurement of those imbalances in the USA are presented.
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