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Iranian Economic Review، جلد ۲۸، شماره ۴، صفحات ۱۱۱۷-۱۱۴۶
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عنوان انگلیسی Empirical Analysis of Fiscal Policy in sub-Saharan Africa: Is There a Pro-Poor Effect
چکیده انگلیسی مقاله The study examined the effect of fiscal policy on poverty in a panel of 40 sub-Saharan African countries (SSA) using both the fixed effect (within) IV regression model and a spatial-consistent model to control for the potential spillover effect of poverty. The empirical results show that government spending (captured by public debts, government spending on health and education) is not pro-poor, particularly in SSA’s oil-exporting countries. The results may not be unconnected with the high level of corruption in the region. The study also found that government spending (proxied by spending on health and education) does not translate to a reduction in the level of poverty. The results indicate that for sub-Saharan African governments should develop human capital by devoting more economic resources to the health and education sectors to meet the 26% (percentage of total budget) as recommended by UNESCO; and increase the allocation to health sector to 15% (percentage of total budget) as recommended by WHO.
کلیدواژه‌های انگلیسی مقاله corruption,Cross-Sectional and Spatial Dependence,Fiscal Policy,poverty,Pro-poor Economic Growth. 
نویسندگان مقاله Olumide Olusegun Olaoye |
Department of Economics, Thomas Adewunmi University, Oko, Nigeria.

James Aransiola Ishola |
Department of Business Administration, Thomas Adewunmi University, Oko, Nigeria.

Olatunde Julius Omokanmi |
Department of Economics, Thomas Adewunmi University, Oko, Nigeria.

Rotimi Ogunjumo |
Department of Economics, Landmark University, Omu-Aran, Nigeria.

Samuel Oluwapelumi Olofinlade |
Department of Accounting and Finance, Thomas Adewunmi University, Oko, Nigeria.

Mathew Ojeleke Ojelade |
Department of Business Administration, Thomas Adewunmi University, Oko, Nigeria.

Stephen Adesina Ibitowa |
Department of Economics, Landmark University, Omu-Aran, Nigeria.

نشانی اینترنتی https://ier.ut.ac.ir/article_100273_89356fa610804491866e4c47bd4d9b7c.pdf
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