Fiscal Policy and Economic Growth in Sub-Saharan African Countries: A Systematic Review
Table 3.
Relationship between Fiscal Policy and Economic Growth in Sub-Saharan Africa
| Sno. | Relationship between fiscal policy and Economic growth | | Authors 1 | Country | Fiscal variables (Explanatory)Positively related to GDP | Fiscal variables (Explanatory)Negatively related to GDP | Time Spam | | 1 | Getachew (2017) | Ethiopia | Capital expenditure Direct tax Budget balance Other taxes* | No | Long run | | 2 | Ovamba and Denis(2018) | Kenya | Tax | Government expenditure* | Long run | | 3 | Babalola and Aminu(2017) | Nigeria | Productive expenditure* | No | Long run | | 4 | Ochieng et al (2017) | Rwanda | Government expenditure | No | Long run | | 5 | Chikezie et al (2017) | Nigeria | Recurrent expenditure* Long-term expenditure | No | Long run | | 6 | Salako and Oyeleke(2019) | Nigeria | Public revenues Government expenditure** | No | Long run | | 7 | Abdulrahman(2013) | Sudan | Government expenditure* Taxation* | No | Long run | | 8 | Omodero et al.(2016) | Nigeria | Capital expenditure Recurrent expenditure Tax revenue External debts | External debts | Long run | | 9 | Thabane and Lebina(2016) | Lesotho | Government expenditure* | No | Long run | | 10 | Mazorodze(2018) | Zimbabwe | Capital expenditure Consumption expenditure* | No | Long run | | 11 | Mbanyele(2019) | Zimbabwe | Investment expenditure* Consumption expenditure | No | Long run | Source: Own Illustration (2020), * shows that the variables are significant in the long run while**shows that the variable is insignificant in the long run.
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Source: Own Illustration (2020), * shows that the variables are significant in the long run while**shows that the variable is insignificant in the long run. |
