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Fiscal Policy and Economic Growth in Sub-Saharan African Countries: A Systematic Review
Universal Journal of Finance and Economics
| Vol 2, Issue 1
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 |