30 July 2020
Macro-economic development of China’s health industry is essential to the sustainable development and growth momentum of the national economy. Strategies to promote the development and rebalancing of the industrial structure need to be improved...
The effect of trade-related government expenditure on backward and forward participation in global value chains (GVCs) is at the heart of the present analysis. The latter builds on an unbalanced panel dataset of 74 developing countries over the annua...
This study analyzes the effects of governance on the relationship between research and development expenditure and economic growth in South Africa using annual data from 1997 to 2022 using an autoregressive distributed lag (ARDL) model. The calculate...
Government fiscal support is an important way to improve social welfare and enhance the protection of people’s livelihood. This paper uses the entropy weight TOPSIS method, fixed effect model, two-stage least squares regression, moderating effe...
Health has vital importance in maintaining economic development since it is essential for, and a result of, economic development. This indicates that health makes a large contribution in achieving sustainable development and health outcomes. The sign...
This study investigates the influence of government effectiveness, health expenditure, and sustainable development goals (SDGs) on life expectancy in Pakistan. To accomplish this, a systematic analysis was conducted on time series data spanning from...
This paper explores the relationship between defence expenditure and government debt in small European Union countries that are members of NATO, such as Luxembourg, Lithuania, Latvia, Estonia, DRenmark, Slovakia, and Slovenia. The investigation used...
Innovation is a key driver of high-quality economic development. Building strong relationships between central and local financial authorities, with a clear division of powers and responsibilities and well-coordinated fiscal resources, is both practi...
This research aims to examine the association between firm-specific and macroeconomic determinants and environmental expenditures in the Indian manufacturing sector. Furthermore, it seeks to investigate the moderation effect of country-level governan...
The roles of finance are well stipulated in the various indicators of the sustainable development goals (SDGS). However, the extant literature still finds conflicting outcomes of the finance-led growth. Hence, this study redirects empirical evidence...
This study investigates the role of public health expenditure on human capital development in South Africa to promote economic development. Despite extensive public health investments and economic reforms, persistent socioeconomic challenges such as...
In a rapidly changing technology world, companies need to conform to their customers’ expectations if they wish to remain competitive in the marketplace. New products, services, processes, marketing, management, and organizational innovation can all...
Forest cover conditions in Tanzania remain predominantly negative, with significant implications for biodiversity, rural livelihoods, and climate stability. Despite national forest management policies, traceability systems, afforestation programs, RE...
Entrepreneurship is crucial in promoting innovation, job creation, and poverty alleviation, particularly in developing economies. This study adopts a mixed-methods approach, using quantitative and qualitative analysis to examine macroeconomic factors...
13 October 2021
The aim of this paper was to empirically analyze the relationship between public health expenditure and health outcomes among EU developing countries. Using regression analysis and factor analysis, we documented that public health expenditure and hea...
We use three analytic steps to examine public investment in short-cycle tertiary education. First, reviewing the historical development, the literature reveals that national and regional policies on educational development emphasized bachelor’s...
In this paper, we analyze the impacts of financial innovation and financial deepening on the economic growth of 14 sub-Saharan African (SSA) countries from 1995 to 2023. The autoregressive distributed lag (ARDL) approach and error correction model (E...
The purposes of this study were to; (i) estimate the efficiency of local government expenditure by province and city in Vietnam, (ii) test if there was a change in the efficiency of local government expenditure with the rapid development of Vietnam,...
11 December 2020
The COVID-19 epidemic has crashed on the social and economic stability of China and even the world, and raised the question: how has the Chinese government done with public health in recent years? The purpose of this paper is to clarify the definitio...
This study examines the effects of fiscal policy on private expenditure using a panel VAR for the sample of 60 developing countries from 1990 to 2020. The VAR panel model framework was used to focus on the disaggregated government expenditures which...
Reasonably assessing the effectiveness of government expenditure on the Grain for Green project (GFG) in providing forest carbon sequestration would contribute to the development of China’s forest carbon sequestration. Using the government expe...
Consumption plays an important role in economic growth and sustainable economic development. The Chinese government emphasizes the theme of promoting high-quality development. This aim has led to the implementation of strategies to expand domestic de...
With the rapid development of the social economy, human development has been greatly improved. However, the gap between rich and poor still exists, which restricts the further development of society. In order to study the relationship between social...
The New Generation Productive Capacity Index (PCI) and the E-Government Development Index (EGDI) are increasingly used in various economies. Therefore, can e-government contribute to the continuous development of the new generation of productive capa...
With the rapid economic growth, environmental problems have become a significant bottleneck restricting the high-quality development of China’s economy. In the fiscal decentralization system, balancing economic growth and environmental governan...
14 September 2021
With rapid economic growth, the Chinese government expenditures at various levels have increased adequately. At the same time, the environmental quality in China has deteriorated significantly. In this study, provincial-level data for 31 Chinese prov...
In developing countries, anti-poverty programs are often implemented by local governments. However, due to the limitation of fiscal resources, the amount of anti-poor expenditure by the local government is generally less than what is needed for the p...
This study investigates the role of governance in inclusive human development in the case of twenty-four selected Asian countries, using panel data for the time period from 2010 to 2017. The inequality-adjusted human development index, developed by t...
Human health capital is an important factor that affects countries’ economic development. This research explores the nonlinear effect of human health capital on economic growth and assesses the asymmetry over time. We used annual data from 1978...
Local governments assume the crucial responsibility of advancing regional environmental regulation and protection and fostering green innovation in development. This paper takes the provincial-level data from 2007 to 2018 in China, and investigates h...
3 June 2019
Environmental pollution, rapid economic growth, and other social factors have adverse effects on public health, which have consequently increased the burden of health expenditures during the last two decades. This paper provides a comprehensive analy...
Background/Objectives: The impact of government health spending and external debt on maternal mortality has been the subject of ongoing theoretical and empirical discussions. However, this relationship has remained controversial with no perspective o...
The issue of valuable government policy interventions has not been fully addressed. Therefore, this paper analyzes the impact of government capital expenditure on production efficiency in the G7 countries. Two models are estimated with different depe...
At present, China regards philanthropy as an important component of social security, social governance, and the third distribution of resources. Structural changes in government expenditure can drive the adjustment of social resources; therefore, it...
12 August 2022
Green development is necessary for China to carry out high-quality economic development. As an important institutional arrangement in the vertical government structure, fiscal decentralization supports regional green development. Local government env...
15 June 2022
The expansion of government size will have dual effects on a country’s green innovation. An appropriately sized government size increases marginal productivity and stimulates the development of green innovation by increasing government expendit...
This article examines how research-and-development (R&D) expenditure—as a share of GDP—both in total and disaggregated by sector (business enterprise and government)—shapes key socioeconomic outcomes in the EU-27. Drawing on Eur...
9 February 2023
The coronavirus disease (COVID-19) pandemic led to a catastrophic burden on the healthcare system and increased expenditures for the supporting medical infrastructure. It also had dramatic socioeconomic consequences. The purpose of this study is to i...
As interest in climate change adaptation grows, an increasing number of national and local governments are developing adaptation strategies. This study assesses the strategies for urban climate change adaptation of municipal governments in South Kore...
This paper examines domestic revenue mobilisation in Zambia through a qualitative case-study design supplemented by descriptive fiscal data for 2020–2024 and historical policy evidence on mining taxation, VAT administration and revenue governan...
In the context of long-term fiscal sustainability challenges and a persistently uncertain geopolitical environment, the developmental role of public finances is gaining increasing prominence. A reallocation in the structure of government spending con...
This study investigates whether public education expenditure crowds out or complements health investment in influencing life expectancy across 158 countries from 1990 to 2023. Graphical analysis shows that in high-income countries, health expenditure...
This paper examines the interaction between health expenditure and health outcomes with due consideration for government effectiveness across developing African economies. The rich data for this study draw from forty-five Sub-Saharan African (SSA) co...
Government budget management serves as a critical enabler for the development of a green economy and represents an essential pathway to promote sustainable urban development. The government budget delineates the scope and direction of governmental ac...
Achieving economic development is one of the most important economic goals of every country. Identifying the determinants of economic growth, is a useful tool for adopting appropriate economic policies. This study, therefore, empirically examines the...
Introduction: The estimates of the economic burden of smoking provide the basis for a comprehensive assessment of the overall economic impact and evidence for potential public health policy intervention by the government. The aim of this paper is to...
In the environment of the continuous development of the Public–Private Partnership (PPP) model, China’s “dual circulation” development pattern orientation and “new normal” economic development reform provide the foundation for the development of the...
Education for sustainable development poses high challenges to governments and public finance. Compared with OECD countries, China’s local governments bear too much expenditure responsibilities with respect to compulsory education, which theore...
The policy guidance and financial support for industrial development from public finance provide an important guarantee for practicing green and circular development of agriculture. By sorting out the development context of fiscal support for agricul...
To mitigate the negative effects of climate change on the environment, the Member States of the European Union implement fiscal measures and commit budgetary expenditures to ensure sustainable economic development. Romania, in line with the Union’s o...
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