New Econometric Estimates of Long‑term Growth Effects of Different Areas of Public Spending

Organisation for Economic Co-operation and Development2026-04-11 收录

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Using panel data for OECD countries, this study investigates the extent to which changes in government spending on education, health and other areas influence long-term growth. The results suggest that, if total government spending is kept unchanged, increasing expenditure on health, education and transport raises long-term GDP growth. In...