Abstract
The query whether government expenditure will effectively assist economic recovery amidst Covid-19 outbreak is still puzzled. For instance, Chang and Velasco (2020) argued that the space for government’s incentives
in tackling the severity of
pandemic is
unce tain, however, may be quite large. Further, it is also essential to consider
that the paucity of evidence-based literature
in the context of
causal
relationship
between
government
expenditure
and economic
growth
have
led to a renewed
empirical research
and attracted a lot
of interest from economists in the last decade. In this frame of refer-
ence, to indicate whether government expenditure causes economic
growth or economic growth causes increased government expenditure
is the fundamental issue that continuously arise.
Original language | English |
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Title of host publication | BUILDING ECONOMIC RESILIENCE IN THE PANDEMIC ERA |
Editors | Maxensius Tri Sambodo, Rita Helbra Tenrini, Riznaldi Akbar |
Place of Publication | Jakarta |
Publisher | PT Gramedia Pustaka Utama |
Pages | 76-106 |
Edition | 1 |
ISBN (Print) | 978-602-06-5658-8 |
Publication status | Published - 2021 |