Does Government Spending in Health, Education, and Military Improve Welfare in Asian Developing Countries?

The study of government expenditure is essential for economists and policymakers. This study aims to analyze the impact of various government spending, mainly on education, health, and military, on the effect of welfare on Asian Countries. This study was conducted in 20 Asian countries constructed o...

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Autores principales: Wiksadana Wiksadana, Estro Dariatno Sihaloho
Formato: article
Lenguaje:EN
Publicado: Universitas Muhammadiyah Yogyakarta 2021
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Acceso en línea:https://doaj.org/article/fd2f65f31d504899be1d6a8f70a93822
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spelling oai:doaj.org-article:fd2f65f31d504899be1d6a8f70a938222021-12-02T17:22:24ZDoes Government Spending in Health, Education, and Military Improve Welfare in Asian Developing Countries?1411-99002541-550610.18196/jesp.v22i1.9337https://doaj.org/article/fd2f65f31d504899be1d6a8f70a938222021-04-01T00:00:00Zhttps://journal.umy.ac.id/index.php/esp/article/view/9337https://doaj.org/toc/1411-9900https://doaj.org/toc/2541-5506The study of government expenditure is essential for economists and policymakers. This study aims to analyze the impact of various government spending, mainly on education, health, and military, on the effect of welfare on Asian Countries. This study was conducted in 20 Asian countries constructed on panel data from 2013–2017 and is analyzed using the fixed effect general least square (FEGLS) method. The results show that, government spending in health, military, and education had a positive and significant effect on Asian Countries' welfare. This research concludes that, the government health expenditure had the highest impact on welfare, followed by education and military spending.Wiksadana WiksadanaEstro Dariatno SihalohoUniversitas Muhammadiyah Yogyakartaarticlegovernment spendingwelfareasian developing countriesEconomic theory. DemographyHB1-3840ENJurnal Ekonomi & Studi Pembangunan, Vol 22, Iss 1, Pp 59-74 (2021)
institution DOAJ
collection DOAJ
language EN
topic government spending
welfare
asian developing countries
Economic theory. Demography
HB1-3840
spellingShingle government spending
welfare
asian developing countries
Economic theory. Demography
HB1-3840
Wiksadana Wiksadana
Estro Dariatno Sihaloho
Does Government Spending in Health, Education, and Military Improve Welfare in Asian Developing Countries?
description The study of government expenditure is essential for economists and policymakers. This study aims to analyze the impact of various government spending, mainly on education, health, and military, on the effect of welfare on Asian Countries. This study was conducted in 20 Asian countries constructed on panel data from 2013–2017 and is analyzed using the fixed effect general least square (FEGLS) method. The results show that, government spending in health, military, and education had a positive and significant effect on Asian Countries' welfare. This research concludes that, the government health expenditure had the highest impact on welfare, followed by education and military spending.
format article
author Wiksadana Wiksadana
Estro Dariatno Sihaloho
author_facet Wiksadana Wiksadana
Estro Dariatno Sihaloho
author_sort Wiksadana Wiksadana
title Does Government Spending in Health, Education, and Military Improve Welfare in Asian Developing Countries?
title_short Does Government Spending in Health, Education, and Military Improve Welfare in Asian Developing Countries?
title_full Does Government Spending in Health, Education, and Military Improve Welfare in Asian Developing Countries?
title_fullStr Does Government Spending in Health, Education, and Military Improve Welfare in Asian Developing Countries?
title_full_unstemmed Does Government Spending in Health, Education, and Military Improve Welfare in Asian Developing Countries?
title_sort does government spending in health, education, and military improve welfare in asian developing countries?
publisher Universitas Muhammadiyah Yogyakarta
publishDate 2021
url https://doaj.org/article/fd2f65f31d504899be1d6a8f70a93822
work_keys_str_mv AT wiksadanawiksadana doesgovernmentspendinginhealtheducationandmilitaryimprovewelfareinasiandevelopingcountries
AT estrodariatnosihaloho doesgovernmentspendinginhealtheducationandmilitaryimprovewelfareinasiandevelopingcountries
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