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Full-Text Articles in Social and Behavioral Sciences
The Quality Of Governance, Composition Of Public Expenditures, And Economic Growth: An Empirical Analysis, Paul Kagundu
The Quality Of Governance, Composition Of Public Expenditures, And Economic Growth: An Empirical Analysis, Paul Kagundu
Economics Dissertations
This dissertation seeks to analyze, both theoretically and empirically, the impact of quality of governance on growth by looking at various dimensions of the concept of governance. We use a dynamic panel estimator and various indicators of governance to estimate the impact of governance on growth. Our empirical results suggest a positive and statistically significant impact of governance on growth. The second part of the analysis looks at a possible transmission mechanism of the effect of governance on growth through the composition of expenditures. As such, we estimate a seemingly unrelated regressions (SUR) model with shares of three functional categories …
Essays On Value-Added Taxation, Asmaa Adel El-Ganainy
Essays On Value-Added Taxation, Asmaa Adel El-Ganainy
Economics Dissertations
This dissertation evaluates the empirical relation between the value-added tax (VAT) and the level of aggregate consumption. Furthermore, it develops a theoretical framework and an empirical analysis to study the impact of the VAT, as a form of taxing consumption, on capital accumulation, productivity growth, and overall economic growth. While recent theoretical work shows that the VAT may boost capital accumulation and growth by encouraging more savings, we find that the net impact of consumption taxes on growth and its sources is theoretically ambiguous, and depends on the interaction between utility parameters, the interest rate, and the tax structure. Moreover, …