A Nonparametric Estimation on the Relations between Government Public Expenditure and Economic Growth

Based on the panel data of 30 provinces, municipalities and autonomous regions from 1994 to 2008, this paper uses the method of non-parametric estimation to do empirical analysis for the relations of physical capital stock, labor input and government public expenditure with GDP. The research results...

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Veröffentlicht in:Applied Mechanics and Materials 2011-09, Vol.90-93, p.1318-1321
Hauptverfasser: Duan, Jing Hui, Chen, Jian Bao
Format: Artikel
Sprache:eng
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Zusammenfassung:Based on the panel data of 30 provinces, municipalities and autonomous regions from 1994 to 2008, this paper uses the method of non-parametric estimation to do empirical analysis for the relations of physical capital stock, labor input and government public expenditure with GDP. The research results show that: The elasticity of physical capital stock, labor input and government public expenditure are e different at different times respectively; And the marginal effect of government public expenditure changes with the change of physical capital stock, labor input and government public expenditure.
ISSN:1660-9336
1662-7482
1662-7482
DOI:10.4028/www.scientific.net/AMM.90-93.1318