Capital expenditure and economic growth: A disaggregated analysis for Nepal

References

• Ahuja, D., & Pandit, D. (2020). Public expenditure and economic growth: Evidence from the developing countries. FIIB Business Review, 9(3), 228–21. https://doi.org/10.1177/2319714520938901
   Google Scholar
• Barro, R. J. (1991). Economic growth in a cross section of countries. The Quarterly Journal of Economics, 106(2), 407–443. https://doi.org/10.2307/2937943
   Web of Science ®Google Scholar
• Bose, N., Haque, M. E., & Osborn, D. R. (2007). Public expenditure and economic growth: A disaggregated analysis for developing countries. The Manchester School, 75(5), 533–556. https://doi.org/10.1111/j.1467-9957.2007.01028.x
   Web of Science ®Google Scholar
• Chaudhary, S. K. (2010). Public expenditure and economic growth in Nepal. Economic Literature, IX, 96–104. https://www.researchgate.net/profile/Shashi-Chaudhary/publication/347933484_Public_Expenditure_and_Economic_Growth_in_Nepal/links/5fe844eaa6fdccdcb80765db/Public-Expenditure-and-Economic-Growth-in-Nepal.pdf
   Google Scholar
• Devarajan, S., Swaroop, V., & Zou, H. -F. (1996). The composition of public expenditure and economic growth. Journal of Monetary Economics, 37(2), 313–344. https://doi.org/10.1016/0304-3932(96)01249-4
   Web of Science ®Google Scholar
• Eggoh, J., Houeninvo, H., & Sossou, G. -A. (2015). Education, health and economic growth in African countries. Journal of Economic Development, 40(1), 93–111. https://doi.org/10.35866/caujed.2015.40.1.004
   Google Scholar
• Ertekin, Ş., & Bulut, Ş. (2021). The relation of public expenditures with economic growth in OECD Countries. Yönetim ve Ekonomi Dergisi, 28(1), 187–203. https://doi.org/10.18657/yonveek.838461
   Google Scholar
• Idrees, A. S., & Siddiqi, M. W. (2013). Does public education expenditure cause economic growth? Comparison of developed and developing countries. Pakistan Journal of Commerce and Social Sciences (PJCSS), 7(1), 174–183.
   Google Scholar
• Kunwar, K. B. (2019). Impact of government expenditure in economic growth of Nepal: ARDL approach. Contemporary Research: An Interdisciplinary Academic Journal, 3(1), 33–40. https://doi.org/10.3126/craiaj.v3i1.27488
   Google Scholar
• Levine, R., & Renelt, D. (1992). A sensitivity analysis of cross-country growth regressions. The American Economic Review, 82(4), 942–963.
   Web of Science ®Google Scholar
• Lopreite, M., & Mauro, M. (2017). The effects of population ageing on health care expenditure: A Bayesian VAR analysis using data from Italy. Health Policy, 121(6), 663–674. https://doi.org/10.1016/j.healthpol.2017.03.015
   PubMed Web of Science ®Google Scholar
• Lopreite, M., & Zhu, Z. (2020). The effects of ageing population on health expenditure and economic growth in China: A Bayesian-VAR approach. Social Science and Medicine, 265, 113513. https://doi.org/10.1016/j.socscimed.2020.113513
   PubMed Web of Science ®Google Scholar
• Mainali, P. K. (2013). Government expenditure and economic growth in Nepal. Tribhuvan University.
   Google Scholar
• Mercan, M., & Sezer, S. (2014). The effect of education expenditure on economic growth: The case of Turkey. Procedia-Social and Behavioral Sciences, 109, 925–930. https://doi.org/10.1016/j.sbspro.2013.12.565
   Google Scholar
• Ministry of Finance. (2021). Economic survey (Nepali version). G. o. N. Ministry of Finance.
   Google Scholar
• Nepal Rastra Bank. (2017). A handbook of government finance statistics. Nepal Rastra Bank, Baluwatar, Kathmandu, Nepal.
   Google Scholar
• Nepal Rastra Bank. (2020). Current macroeconomic and financial situation. Baluwatar.
   Google Scholar
• Nurudeen, A., & Usman, A. (2010). Government expenditure and economic growth in Nigeria, 1970-2008: A disaggregated analysis. Business and Economics Journal, 4(1), 1–11.
   Google Scholar
• Nyarko-Asomani, A., Bhasin, V. K., & Aglobitse, P. B. (2019). Government capital expenditure, recurrent expenditure and economic growth in Ghana. Ghanaian Journal of Economics, 7(1), 44–70.
   Google Scholar
• Nyasha, S., & Odhiambo, N. M. (2019). The impact of public expenditure on economic growth: A review of international literature. Folia Oeconomica Stetinensia, 19(2), 81–101. https://doi.org/10.2478/foli-2019-0015
   Google Scholar
• Odo, S. I., Igberi, C. O., Udude, C. C., & Chukwu, B. C. (2016). Public expenditure and economic growth in South Africa: Long run and causality approach. Asian Journal of Economics, Business and Accounting, 1(2), 1–17. https://doi.org/10.9734/AJEBA/2016/29677
   Google Scholar
• Paudel, R. C. (2020). The role of financial development in economic growth of Nepal: ARDL approach of cointegration with structural break analysis. Journal of Economics and Business, 3(4), 1372–1386. https://doi.org/10.31014/aior.1992.03.04.287
   Google Scholar
• Paudel, R. C., Alharthi, M., & Read, R. (2021). Role of financial development in the export performance of a landlocked developing country: The case of Nepal. Cogent Economics and Finance, 9(1), 1–18. https://doi.org/10.1080/23322039.2021.1973653
   Web of Science ®Google Scholar
• Paudel, R. C., & Jayanthakumaran, K. (2009). Financial liberalization and performance in Sri Lanka: The ARDL approach. South Asia Economic Journal, 10(1), 127–156. https://doi.org/10.1177/139156140901000106
   Google Scholar
• Pesaran, M. H., Shin, Y., & Smith, R. J. (2001). Bounds testing approaches to the analysis of level relationships. Journal of Applied Econometrics, 16(3), 289–326. https://doi.org/10.1002/jae.616
   Web of Science ®Google Scholar
• Rasaily, A., & Paudel, S. (2019). Impact of government expenditures on economic growth: Case of Nepal. International European Extended Enablement in Science, Engineering & Management, 10(6), 167–174.
   Google Scholar
• Solow, R. M. (1956). A contribution to the theory of economic growth. The Quarterly Journal of Economics, 70(1), 65–94. https://doi.org/10.2307/1884513
   Web of Science ®Google Scholar
• Usman, A., Mobolaji, H. I., Kilishi, A., Yaru, M., & Yakubu, T. (2011). Public expenditure and economic growth in Nigeria. Asian Economic and Financial Review, 1(3), 104–113.
   Google Scholar
• Vu Le, M., & Suruga, T. (2005). Foreign direct investment, public expenditure and economic growth: The empirical evidence for the period 1970–2001. Applied Economics Letters, 12(1), 45–49. https://doi.org/10.1080/1350485042000293130
   Web of Science ®Google Scholar
• World Bank. (2023). “World development indicators.” Retrieved 16 February, 2023 from https://data.worldbank.org/
   Google Scholar