Abstract:This study investigates the non-monotonic phenomenon of the government spending-growth nexus in the EECA rigorously using panel data from 19 counties over the period 1995–2019 by applying a nonlinear quadratic estimator and cubic nonlinear estimator to quantile regressions. The preliminary findings revealed a negative linear nexus of government spending and economic growth using a linear model, while the nonlinear models (i.e., quadratic and cubic nonlinear estimators) indicated evidence of nonlinearity in the… Show more
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