NEXUS OF PUBLIC EXPENDITURES AND ECONOMIC GROWTH: EVIDANCE FROM SELECTED DEVELOPING ASIAN COUNTRIES

dc.contributor.authorIsrar Ullah
dc.date.accessioned2025-09-28T09:27:43Z
dc.date.available2025-09-28T09:27:43Z
dc.date.issued2024
dc.description.abstractThis thesis delves into the intricate relationship between public expenditures and economic growth across 50 developing Asian countries from 2007 to 2019, employing the Feasible Generalized Least Squares (FGLS) method. Against the backdrop of rapid economic transformations and policy interventions in the region during this period, understanding the dynamics of public spending and its impact on economic development is crucial for informed policymaking. By examining a diverse sample of developing Asian nations, this study employs robust econometric techniques to analyze the multifaceted interplay between different categories of public expenditures and their implications for economic growth. Infrastructure development, education, healthcare, and defense spending are among the key areas scrutinized to uncover their respective impacts on economic performance. Utilizing the FGLS method allows for the mitigation of potential issues such as heteroscedasticity and serial correlation, ensuring the reliability of the statistical analyses conducted. The findings of this research contribute significantly to the existing body of knowledge on economic development strategies in Asia, offering nuanced insights into the effectiveness of public expenditure allocations in fostering sustainable and inclusive growth Keywords: Economic growth,
dc.identifier.urihttps://escholar.umt.edu.pk/handle/123456789/7264
dc.language.isoen
dc.publisherUMT, Lahore
dc.titleNEXUS OF PUBLIC EXPENDITURES AND ECONOMIC GROWTH: EVIDANCE FROM SELECTED DEVELOPING ASIAN COUNTRIES
dc.typeThesis
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