Full Length Research Paper
References
Adawo M (2011). Has education (human capital) contributed to the economic growth of Nigeria? Journal of Economics and International Finance 3:46-58. |
|
Age'nor P (2007). Economic Adjustment and Growth. New Delhi: Viva books Private Limited. |
|
Barro R, Sala-i MX (2003). Economic Growth. Cambridge, MIT press. |
|
Becker SO, Egger PH, Von Ehrlich M (2012). Too Much of a Good Thing? On the Growth Effects of the EU's Regional Policy. European Economic Review 56(4):648-668. |
|
Cardenas M (2007). Economic growth in Colombia: a reversal of fortune? Documentos de Trabajo (Working Papers). pp. 1-36. Available at: |
|
Claudia A, Goyeau D (2013). EU Funds Absorption Rate and the Economic Growth. Timisoara Journal of Economics and Business 6(20):153-170. |
|
Ethics and Anti- Corruption Commission ( EACC) (2017). National Ethics and Corruption Survey 2017. Available at: |
|
Facchini F, Melki M (2013). Efficient Government Size in France. European Journal of Political Economy 31:1-14. |
|
Gebreegziabher S (2018). Effects of tax and government expenditure on economic growth in Ethiopia. In Economic Growth and Development in Ethiopia. Springer, Singapore pp. 87-104. |
|
Gebrehiwot GK (2015). The Impact of Human Capital Development on Economic Growth in Ethiopia: Evidence from ARDL Approach to Co integration. Journal of Economics and Sustainable Development 6(13):155-168. |
|
Government of Kenya (GOK) (2018). Economic surveys. Nairobi, KNBS. Available at: |
|
Granger CW (1988). Causality, Cointegration and Control. Journal of Economic Dynamics and Control 12:551-559. |
|
Granger CW (1988). Causality, cointegration, and control. Journal of Economic Dynamics and Control 12(2-3):551-559. |
|
Greene WH (2012). Econometric Analysis. England, Pearson Education Limited. |
|
Goulas E, Zervoyianni A (2013). Economic growth and crime: does uncertainty matter?. Applied Economics Letters 20(5):420-427. |
|
Gupta R (2018). The impact of government expenditure on economic growth in Nepal. Quest International College, Pokhara University, Nepal. Available at: View |
|
Hammed A (2016). Economic Growth Effects of Public Capital Expenditures: Evidence from South Africa's Municipalities. Financial Fiscal Commission report. pp. 38-58. |
|
Hanousek J, KoÄenda E (2011). Public investment and fiscal performance in the new EU member states. Fiscal Studies 32(1):43-71. |
|
Harris RD, Tzavalis E (1999). Inference for unit roots in dynamic panels where the time dimension is fixed. Journal of Econometrics 91(2):201-226. |
|
Husnain MI, Khan M, Akram N, Haider A (2011). Public Spending, FDI and Economic Growth: A Time Series Analysis for Pakistan (1975-2008). International Research Journal of Finance and Economics 61(1):21-27. |
|
ICPAK (2014). Position Paper on Impact of Decentralized Funds in Kenya. Available at: |
|
International Monetary Fund (IMF) (2016). Regional economic outlook, Sub-Saharan Africa. Washington, D.C. Available at: |
|
Ionica O, Andreea M, Gabriela P, Raluca B (2017). The Effects of the Structural Funds on the Romanian Economic Growth. Economica 13(2):91-101. |
|
Javid AY, Javid M, Awan ZA (2013). Electricity consumption and economic growth: evidence from Pakistan. Economics and Business Letters 2(1):21-32. |
|
Kakar K (2011). Impact of Fiscal Variables on Economic Development of Pakistan. Romanian Journal of Fiscal Policy 2:1-10. |
|
Kartal Z, Zhumasheva A, Acaroglu H (2017). The Effect of Human Capital on Economic Growth: A Time Series Analysis for Turkey. In: Bilgin M, Danis H, Demir E, Can U (eds,). Regional Studies on Economic Growth, Financial Economics and Management. Eurasian Studies in Business and Economics 7(19):175-191. |
|
Kenya National Bureau of Statistics (KNBS) (2019). Gross County Product Report, Nairobi, Kenya. |
|
Kimaro EL, Chee CK, Lin LS (2017). Government Expenditure, Efficiency and Economic Growth: A Panel Analysis. African Journal of Economic Review 5(2):34-54. |
|
KIPPRA (2016). Kenya Economic Report: Fiscal Decentralization in Support of Devolution. KIPPRA publication, Nairobi. Available at |
|
Madhumita R, Minaketan S, Sibanjan M (2019). Public Expenditure and Economic Development Regional Analysis of India. Journal of Economic and Political Weekly 54(10):50-56. Available at: |
|
Maingi JN (2017). The Impact of Government Expenditure on Economic Growth in Kenya: 1963-2008. Advances in Economics and Business 5(12):635-662. |
|
M'amanja D, Morrissey O (2005). Fiscal Policy and Economic Growth in Kenya. Credit Research papers No. 05/06. United Kingdom. |
|
Martinez-Vazquez J, McNab R (2005). Fiscal Decentralization, Macro - stability and Growth. International Studies Working Paper No. 0506, Georgia State University. |
|
McCollister KE, French MT, Fang H (2010). The cost of crime to society: New crime-specific estimates for policy and program evaluation. Drug and Alcohol Dependence 108(1-2):98-109. |
|
Mo P (2001). Corruption and Economic growth. Journal of Comparative Economics 29: 66-79. |
|
Mudaki J, Masaviru W (2012). Does the composition of public expenditure matter to economic growth for Kenya? Journal of Economics and Sustainable Development 3(3):60-70. |
|
Muguro WJ (2017). Effect Of Public Expenditure On Economic Growth In Kenya: 1963-2015 (Doctoral dissertation, KCA University). |
|
Murphy K, Shleifer A, Vishny R (1991). The Allocation of Talent: Implications for Growth. Quarterly Journal of Economics 106:503-530. |
|
Mutie N (2014). Effects of Devolved Funds on Economic Growth in Kenya: Empirical Investigation (1993-2012). Master's thesis, University of Nairobi, Nairobi. |
|
Nanjala CS (2015). Explaining the Relationship between Public Expenditure and Economic Growth in Kenya using Vector Error Correction Model (VECM). International Journal of Economic Sciences 4(3):19-38. |
|
Narayan PK (2004). Reformulating critical values for the bounds F-statistics approach to cointegration: an application to the tourism demand model for Fiji, Department of Economics Discussion Papers |
|
No. 02/04, Monash University, Melbourne, Australia. |
|
Ntibagirirwa S (2014). Philosophical Premises for African Economic Development Sen's Capability Approach. Globethics net Theses 7, Geneva. |
|
OCOB (2017). Annual County Governments Budget Implementation Review Report. Nairobi, Kenya. Available at: |
|
Office of the Controller of Budget (OCOB) (2019). Annual County Governments Budget Implementation Review Report. Nairobi, Government Printer. |
|
Odhiambo NM (2015). Government expenditure and economic growth in South Africa: An empirical investigation. Atlantic Economic Journal, 43(3):393-406. |
|
Oguso A (2017). Growth Effects of Public Recurrent Expenditure in Kenya. Journal of Economics, Management and Trade 19(2):1-20. |
|
Pedroni P (2004). Panel co integration; Asymptotic and finite sample properties of pooled time series tests with an application to the PPP hypothesis. Econometric Theory 20:597-625. |
|
Pellegrini L (2011). The effect of corruption on growth and its transmission channels: Corruption, Development and the Environment. Kyklos 57(3):429-456. |
|
Pesaran MH (2004). General diagnostic tests for cross section dependence in panels. Cambridge Working Papers in Economics No. 0435. |
|
Pesaran MH, Shin Y, Smith RP (2001). Bounds Testing Approaches to the Analysis of Level Relationships. Journal of Applied Econometric 16(3):289-326. |
|
Chatterjee I, Ray R (2009). Crime, corruption and institutions. Monash University, Department of Economics Discussion Paper. Available at: |
|
Rodden J (2004). Comparative federalism and decentralization: On meaning and measurement. Comparative politics, 481-500. |
|
Romer DH (2001). Advanced Macroeconomics. Berkeley, the McGraw-Hill Co. Inc. |
|
Shaari M, Hussain N, Ismail M (2012). Relationship between Energy Consumption and Economic growth: Empirical Evidence for Malaysia. Business Systems Review 2(1):17-28. |
|
Solow RM (1956). A contribution to the theory of Economic Growth. The Quarterly Journal of Economics 70(1):65-94. |
Copyright © 2024 Author(s) retain the copyright of this article.
This article is published under the terms of the Creative Commons Attribution License 4.0