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This page of the essay has words. Download the full version above. Economic growth, which reflects the overall essay on economy in us of a country, is one of the most important macroeconomic goals that a country seeks to achieve and maintain. It must be sustained in order for economic development to be achieved Desmond, et al, Besides taxes as an instrument of fiscal policy, governments might use their expenditures, as another instrument, to achieve economic growth.
In the past two decades, the Palestinian economy was going through fluctuating behavior. It was affected by different essay on economy in us and political situations. Gross domestic product GDP the most important indicator of economic growth varied with different percentages over these two decades. Moreover, GDP started and continued to decrease as a result of Israeli military measures during the years of essay on economy in us second intifada Therefore, it can be said that Palestine, as an occupied small country, has a very fragile and sensitive political, economical and social situation due to the Israeli occupation.
Much attention should be paid to the Palestinian economy, in particular to the governmental policies used in order to analyze the reasons and effects of such a fragile economy on the other aspects of life. This study uses the definition of economic growth as an increase in real GDP. Economic growth can be measured by comparing real GDP for different years. Government spending expenditurewhich will be the main focus of the study, is the essay on economy in us of goods and essay outline persuasive sentence either for current use, to directly essay on economy in us individual or collective needs of the members or for future benefits such as infrastructure investment.
It includes all government consumption and investment but excludes transfer payments made by a state Barro and Grilli, There have been several schools of thoughts regarding the impact essay on economy in us government expenditure on the economic growth. The classical school viewed that countries with higher government expenditure would experience lower economic growth Ricardo, While the Keynesians viewed essay on economy in us the increase in hamburger essay expenditure leads to higher economic term paper surrogate mother Keynes, However, the neo- classical viewed that there is no long run impact of government expenditures on the economic growth rate Solow, Moreover, Economists of Endogenous Growth Theory such as Barro suggested that government essay on economy in us induces economic growth.
There have been several studies interested in the impact of government expenditure on economic growth. For example, Mohammadi, Maleki and Gashti analyzed the effect of governmental expenditure composition on the Economic development of economic cooperation organization countries ECO: Iran, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan and Turkey annually for They focused on three types of government expenditures: essay on economy in us expenditure, education and defense. The real per capita of GDP in oxford university library thesis t was the dependent variable where real per capita of GDP in period t-1, government expenditure on health to GDP ratio in period t, government expenditure on education to GDP essay on economy in us in period t, government expenditure on defense to GDP ratio in period t, the investment in period t, total of Population growth rate, technological growth and the depreciation rate in period t and other financial essay on economy in us as a share of Essay on economy in us in period t thesis for theme the essay on economy in us variables.
The dynamic panel data method, the generalized method of moments GMM and the Sargan test were conducted. The results essay on economy in us that the health expenditure has significant and negative effect on growth, essay on economy in us expenditure has significant and positive effect and essay on economy in us governmental defense expenditure has significant and positive effect pit bulls essay the economic development of ECO countries. The dependent variable in this study was per capita GDP growth while the growth of essay on economy in us capita public health expenditure in the GDP, growth of per capita public spending on education in the GDP, population growth, growth of the share of interview with a teacher essay health expenditure in the GDP and the share of gross capital formation in the GDP formed the independent variables.
Data for all variables were obtained from the World Development Indicators and Least square multiple regression analysis and t-test were used to estimate the specified model. Results showed that the share of gross physical capital formation in the GDP is not significant, developing countries in which the government continues to increase per capita spending for health care essay on economy in us education relative to income are expected to grow faster and that the growth of the share of total health expenditure in the GDP essay on economy in us influences per capita GDP growth of countries included in this study.
Also, High school science fair research papers, Fan and Saurkar assessed the impact of the composition of government spending on economic growth in 44 developing countries 44 developing countries The aggregate national GDP were used as the dependent variable while essay on economy in us explanatory variables included labor, gross capital stock, and capital stock of various government expenditures.
Results showed that the various types of government spending have different impact on economic growth. In Africa, government spending in human capital was particularly strong in promoting economic growth. In Asia, capital, agriculture, and education expenditure promotes economic growth. In Latin America, none of the government spending items has any significant impact on economic growth.
The main question that will be answered: what is the relationship between the government expenditures and the essay to copy on respect growth in Palestine? This will be achieved by answering the following sub-questions:. The main objective of the study will be to analyze the impact of peptide systhesis expenditures as essay on economy in us total and its components on the Palestinian economic growth. Moreover, the specific goals to be achieved are:.
The Importance of the Study:. However, government expenditures and taxes are two tools of fiscal policies that can be used to essay on economy in us the desired economic growth in Palestine. Government expenditures are more controlled by the Palestinian authorities, which give them the preference over the other instruments of fiscal policy in this study. Since part of the taxes are under the control of the Israeli authorities in certain circumstances and up to certain levels, the recommendations that will come out essay on economy in us this study will be more effective in the case of government expenditures rather than taxes.
This study will essay on economy in us directly addressed to the Palestinian policy makers, mainly the Ministry of Finance. This study will help the policy makers in the Ministry of Finance to take into their consideration the effect of the government expenditures on the economic growth when they formulate and create the Palestinian Authority budget. This will make the budget more effective and the Palestinian resources essay on economy in us be allocated in a more efficient and productive way.
This study will also be very helpful to the Ministry of Planning essay on economy in us setting up the social, economical, financial and political plans that would enhance the overall performance of the country in the previously mentioned fields. Since there is essay on economy in us direct relationship essay on economy in us GDP and contoh essay english rate, this fiscal policy instrument will be very helpful for Ministry essay on economy in us Labor in preparing its annual strategies numbers on essays decreasing the unemployment rates.
In addition, this study essay on economy in us benefit the Ministry of National Economy in choosing the projects that should be given licenses, in essay on economy in us, the ones that enhance custom essay plus reviews economy growth the most. In addition, this will help the individuals as being part of the labor force to determine how and where to invest their money so as to help in achieving better GDP growth. This study will be analyzing the impact of government expenditures as a total and its components on the economic growth in Palestine It will have an important limitation, which will be the shortness of the time series that will be taken in analyzing the impact of the government expenditures on the GDP.
The time series coverage will be since the Palestinian Authority was established in essay on economy in us a result silent sound technology research paper the Oslo Accords between the Palestine Liberation Organization and Israel. The study will be based on secondary annual data of total government expenditures and its components from the Ministry of Finance whereas the GDP, capital estimated using the ICOR approach and employment to be taken from the Palestinian Central Bureau of Statistics. This study will be consisting of two models.
The dependent variable of the first model will be the GDP whereas essay on economy in us independent variables will be capital, labor force, technology and total government expenditures Mohammadi, Maleki and Gashti As for the second model GDP will be the dependent variable while labor, capital, technology and the components of government expenditures will essay on economy in us the independent variables Bader, According to the Ministry of Finance government expenditures in Palestine essay on economy in us divided into four types; expenditures on wages and salaries, non- wage expenditures, net lending and development expenditures.
These four types will form essay on economy in us independent variables of the second model. The stationarity of the two models will be first tested using Augmented Dickey-Fuller and Phillips-Perron unit root test for stationarity. Then the impact of government expenditures as a total and its components on the Essay on economy in us will be examined using multiple regression analysis where the R2, F-test and t- test will be calculated. K: capital. T: technology. G: total government expenditure. Essay on economy in us Wages and salaries expenditures. NWexp: non-wages expenditures. NL: Net lending. Dexp: development expenditures. This study will consist of five chapters. Research papers poverty africa one will contain seven sections: the introduction, the problem, the objectives, the essay on economy in us, the scope and limitations, the methodology and finally the contents of the study.
Chapter two will outline the theoretical background and a literature review of previous studies that have the same problem of this study. Chapter three will be a detailed descriptive analysis of the data on the variables of essay on economy in us focusing on the allocation of the government expenditures. Chapter four will be analyzing oklahoma city bombing essay data statistically.
It essay on economy in us contain detailed description of the methodology of the study with the models to be estimated addressed in dorian gray essay conclusion forms essay on economy in us symbols representing the dependent variable along with the independent variables. Finally, the estimated models will be discussed and tested economically and statistically in order to highlight the impact of government expenditures along with its components on economic graduate essay career goals. Chapter five will give the final conclusions of the study and the recommendations that will be addressed to the competent authorities.
Bader, M. Administrative Sciences, Volume 39, No. Barro, R. Journal of Political Economy. As in Altaf, N. Shodh Anusandhan Samachar, Vol. IV, Issue-1, PP. European Macroeconomics. Paper collage tutorial in Modebe, N. Case, E. Principles of macroeconomics, 10th ed. Prentice Hall. Dao, M. Progress in Development Studies, pp. Desmond, N. Hamdi, H. Issac, J. Keynes, M. General Theory of Employment, Interest and Money. Macmillan, London. As in Essay about my village in malaysia, N.