Effect of government expenditure on real economic growth in ECOWAS: assessing the moderating role of corruption and conflict
Olalekan Charles Okunlola,
Imran Usman Sani,
Olumide Abiodun Ayetigbo
et al.
Abstract:This study investigated the effect of government expenditure on real growth in ECOWAS countries. This paper used panel cointegration techniques to examine the impact of government expenditure on economic growth for a sample of 15 ECOWAS countries between 1999 and 2021. The study uses the POLS, FMOLS, and DOLS techniques for estimating four models. The study supports the view that government expenditure positively affects real economic growth in ECOWAS countries. However, we also found that higher control of co… Show more
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