Fiscal Policy and Economic Growth in Sub-Saharan African Countries: A Systematic Review

Table 4.

Major Fiscal Policy Variables in Sub-Saharan Africa

Sno.

Major fiscal policy variables

Relation with GDP

Status of the Relation

1

Taxation

Positive

Significant

2

Productive expenditure

Positive

Significant

3

Recurrent expenditure

Both Positive & negative are observed

Both significant & insignificant are observed

4

Government Expenditure

Positive

Significant

5

Other taxes

Positive

Significant

6

Investment expenditure

Positive

Significant