The Dynamic Effects of Government Expenditures on the Output of the Non-Agricultural Sector

Main Article Content

วราวุธ วัชรสรณ์ นคร ยิ้มศิริวัฒนะ สมพงษ์ อรพินท์ บุญเสริม บุญเจริญผล

Abstract

In this thesis researcher analyses secondary data quarterly Silence into 1997-2015 total 76 quarterly for estimate by independent variable fourth number. while dependent variable fourteen number non-agricultural sectoral branch. And the Analysis Error Correction Model induce result Speed adjustment short run change independent variable adjust effect at all non-agricultural sectoral branch


1. Government expenditures (GE) has affect cause coefficient between 0.194355-0.981357 unit per quarterly maximum score is production externally section agriculture Construction (CQN) = 0.981357 unit per quarterly has minimum score is production externally section agriculture Hotels and Restaurants (HOQN) 0.194355 unit.


2. Price index (PI) has affect cause coefficient between 0.138613-0.896425 unit per quarterly maximum score is production externally section agriculture Private Households with Employed Persons(PBQN) = 0.896425 unit per quarterly has minimum score is production externally section agriculture Health and Social Work (HEQN) = 0.138613 unit.


3. Interest rate (IR) has affect cause coefficient between 0.135302-0.882191 unit per quarterly maximum score is production externally section agriculture Other Community, Social and Personal Service Activities (OHQN) = 0.882191 unit per quarterly has minimum score is production externally section agriculture Financial Intermediation (FIQN) = 0.135302 unit.


4. Exchange rate (ER) has affect cause coefficient between 0.110435-0.934375 unit per quarterly maximum score is production externally section agriculture Mining and Quarrying (MAQN) = 0.934375 unit per quarterly has minimum score is production externally section Electricity, Gas and Water Supply (EQN) = 0.110435 unit.

Keywords

Article Details

Section
Research Article

References

Branson, W. H. (1989). Macroeconomic theory and policy (2nd ed.). New York: Harper & Row.

Mountford, A., & Uhlig, H. (2005). What are the effects of fiscal policy shocks. SFB649 discussion paper 2005-039. Berlin: Humboldt University.

Pereira, A. M., & Andraz, J. M. (2003). On the impact of public investment on the performance of U.S. industries. Public Finance Review, 31(1), 66-90.

Perotti, R. (2001). What do we know about the effects of fiscal policy?. In M. Bordignon & D. Da Empoli (Eds.), Politico fiscale, flessibilita dei mercati e crescita. Milano, Italy: Angeli.

Samuelson, P. A., & Nordhaus, W. D. (2002). Economics (17th ed.). New York: McGraw-Hill.