The efficiency of government finanical expenditures before and during the COVID-19 pandemic: A cross-country investigation

This paper examines the way government spending affected productivity and its decomposition before and during the COVID-19 outbreak. Using panel data from 158 economies, the research shows that spending on health care increases productivity, while spending on the military slows down productivity and...

Descripción completa

Detalles Bibliográficos
Autores principales: Van, Huong Vu, Van Dao, Le, Hoang, Lich Khac, Van Hien, Ngo
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier Inc. 2023
Materias:
Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9928612/
https://www.ncbi.nlm.nih.gov/pubmed/36817573
http://dx.doi.org/10.1016/j.frl.2023.103697
_version_ 1784888683643535360
author Van, Huong Vu
Van Dao, Le
Hoang, Lich Khac
Van Hien, Ngo
author_facet Van, Huong Vu
Van Dao, Le
Hoang, Lich Khac
Van Hien, Ngo
author_sort Van, Huong Vu
collection PubMed
description This paper examines the way government spending affected productivity and its decomposition before and during the COVID-19 outbreak. Using panel data from 158 economies, the research shows that spending on health care increases productivity, while spending on the military slows down productivity and its decompositions. These effects are even greater in the context of COVID-19, showing that spending on health care and avoiding conflict and military escalation will be important for future economies to grow in a sustainable way.
format Online
Article
Text
id pubmed-9928612
institution National Center for Biotechnology Information
language English
publishDate 2023
publisher Elsevier Inc.
record_format MEDLINE/PubMed
spelling pubmed-99286122023-02-15 The efficiency of government finanical expenditures before and during the COVID-19 pandemic: A cross-country investigation Van, Huong Vu Van Dao, Le Hoang, Lich Khac Van Hien, Ngo Financ Res Lett Article This paper examines the way government spending affected productivity and its decomposition before and during the COVID-19 outbreak. Using panel data from 158 economies, the research shows that spending on health care increases productivity, while spending on the military slows down productivity and its decompositions. These effects are even greater in the context of COVID-19, showing that spending on health care and avoiding conflict and military escalation will be important for future economies to grow in a sustainable way. Elsevier Inc. 2023-06 2023-02-13 /pmc/articles/PMC9928612/ /pubmed/36817573 http://dx.doi.org/10.1016/j.frl.2023.103697 Text en © 2023 Elsevier Inc. All rights reserved. Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active.
spellingShingle Article
Van, Huong Vu
Van Dao, Le
Hoang, Lich Khac
Van Hien, Ngo
The efficiency of government finanical expenditures before and during the COVID-19 pandemic: A cross-country investigation
title The efficiency of government finanical expenditures before and during the COVID-19 pandemic: A cross-country investigation
title_full The efficiency of government finanical expenditures before and during the COVID-19 pandemic: A cross-country investigation
title_fullStr The efficiency of government finanical expenditures before and during the COVID-19 pandemic: A cross-country investigation
title_full_unstemmed The efficiency of government finanical expenditures before and during the COVID-19 pandemic: A cross-country investigation
title_short The efficiency of government finanical expenditures before and during the COVID-19 pandemic: A cross-country investigation
title_sort efficiency of government finanical expenditures before and during the covid-19 pandemic: a cross-country investigation
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9928612/
https://www.ncbi.nlm.nih.gov/pubmed/36817573
http://dx.doi.org/10.1016/j.frl.2023.103697
work_keys_str_mv AT vanhuongvu theefficiencyofgovernmentfinanicalexpendituresbeforeandduringthecovid19pandemicacrosscountryinvestigation
AT vandaole theefficiencyofgovernmentfinanicalexpendituresbeforeandduringthecovid19pandemicacrosscountryinvestigation
AT hoanglichkhac theefficiencyofgovernmentfinanicalexpendituresbeforeandduringthecovid19pandemicacrosscountryinvestigation
AT vanhienngo theefficiencyofgovernmentfinanicalexpendituresbeforeandduringthecovid19pandemicacrosscountryinvestigation
AT vanhuongvu efficiencyofgovernmentfinanicalexpendituresbeforeandduringthecovid19pandemicacrosscountryinvestigation
AT vandaole efficiencyofgovernmentfinanicalexpendituresbeforeandduringthecovid19pandemicacrosscountryinvestigation
AT hoanglichkhac efficiencyofgovernmentfinanicalexpendituresbeforeandduringthecovid19pandemicacrosscountryinvestigation
AT vanhienngo efficiencyofgovernmentfinanicalexpendituresbeforeandduringthecovid19pandemicacrosscountryinvestigation

Ejemplares similares