Efectos del gasto público en el crecimiento económico para América Latina y el Caribe:(1995-2012). Un análisis econométrico mediante panel de datos.

Abstract

In this paper a study on the effect it has had on public spending from the perspective of social development, economic growth in Latin America and the Caribbean through the panel data methodology, based on the theory model is done public spending Barro (1990). The variables considered are GDP, public social expenditure on education, health, housing and social security; additionally other control variables are included. The results show that the expenses that have positive effects are education, housing and social security; the first of these has a greater impact on economic growth; Moreover health spending has had negative effects.