International Journal of Social Science & Economic Research
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Title:
THE IMPACT OF GOVERNMENT EXPENDITURE ON GOVERNMENT DEBT FOR G20 ECONOMIES

Authors:
Ashray Gupta

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Ashray Gupta
Delhi Public School Faridabad

MLA 8
Gupta, Ashray. "THE IMPACT OF GOVERNMENT EXPENDITURE ON GOVERNMENT DEBT FOR G20 ECONOMIES." Int. j. of Social Science and Economic Research, vol. 9, no. 1, Jan. 2024, pp. 117-124, doi

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ABSTRACT:
This paper carefully examines the effect government expenditure has on government debt using time series data for G20 economies from the past 20 years. A regression model is estimated to study the impact of government expenditure on government debt, taking into account necessary control variables. The results show that government expenditure has a significant impact on government debt. The results provide useful policy implications for the G20 economies by suggesting mechanisms by which government expenditure can be effectively leveraged to mitigate government debt.

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