Advances in Consumer Research
Issue 3 : 620-631
Original Article
Fiscal Policy and Growth Nexus: Evidence from BRICS Nations
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Abstract

The present research studied the link between public revenue and government expenditure with economic growth of the BRICS economies for the period 2000-2020. We used panel data analysis to examine the relationship of the tax-to-GDP ratio, General Government total expenditures (% of GDP), Current Health Expenditures, inflation, and Education Expenditures with economic growth.The results reveal that Tax to GDP ratio; General Govt. total expenditures (%of GDP) and Current Health Expenditure are significant and positively associated with real GDP. Government Revenue and total expenditure depict a positive and significant association with real GDP and GDP growth rate

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Volume 2, Issue 3
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