The Impact of Government Sectoral Expenditure on Economic Growth in Ethiopia: With a Particular focus on Agriculture, Defense, Education and Health Sectors
| dc.contributor.advisor | Mekonnen, Alemu (PhD) | |
| dc.contributor.author | Berihun, Bazezew | |
| dc.date.accessioned | 2018-06-28T12:21:44Z | |
| dc.date.accessioned | 2023-11-19T08:33:24Z | |
| dc.date.available | 2018-06-28T12:21:44Z | |
| dc.date.available | 2023-11-19T08:33:24Z | |
| dc.date.issued | 2014-06 | |
| dc.description.abstract | This paper investigates the growth impact of government sectoral expenditure in Ethiopia over the period from 1975 to 2013, with a particular focus on sectoral expenditures on education, health, agriculture and defense, by estimating a multivariate co-integration and error correction model to examine the marginal effect of expenditure on each sector on economic growth. The study finds that government spending on education has a positive impact on economic growth in the long-run but an insignificant impact in the short-run. Spending on defense has a negative and significant impact on economic growth both in the long-run and in the short-run. Government spending on agriculture is negatively correlated to growth in the long-run but is insignificant in the short-run. Spending on health and the effect of consumer price index is found to be insignificant both in the long-run and the short-run. Thus, the results suggest that the allocation of government expenditure towards the education sector should be favored in order to enhance sustainable economic growth | en_US |
| dc.identifier.uri | http://etd.aau.edu.et/handle/12345678/4679 | |
| dc.language.iso | en | en_US |
| dc.publisher | Addis Ababa University | en_US |
| dc.subject | Government Expenditure | en_US |
| dc.subject | Economic Growth | en_US |
| dc.subject | Co-integration Analysis | en_US |
| dc.title | The Impact of Government Sectoral Expenditure on Economic Growth in Ethiopia: With a Particular focus on Agriculture, Defense, Education and Health Sectors | en_US |
| dc.type | Thesis | en_US |