The Relationship between Economic Growth and Government ‎Spending: A Case Study of OIC Countries

Heri Sudarsono Fakultas Ekonomi Universitas Islam Indonesia Jalan Condongcatur Lingkar Utara Yogyakarta Indonesia Diterima 20 Oktober 2010 /Disetujui 5 Nopember 2010 Abstract: This paper presents the results for ‎testing for causal relationship ‎between economic growth and ‎goverment spending for OIC ‎countries covering the time series ‎data 1970~2006. There are usually ‎two propositions regarding the ‎relation between economic growth ‎and govern­ment spending: ‎Wagner’s Law states that as GDP ‎grows, the public sector tends to ‎grow; and the Keynesian ‎framework postulates that public ‎expenditure causes GDP to grow.


FORECASTING BUDGET is a budget that contains estimates-estimates of the activities the company activities in a certain period to come, and also contains estimates-estimates of the state or the company’s financial position at a time will come. Budget grouped into 2, namely: 1. Operating Budget 2. Financial Budget OPERATING BUDGET Company activities during this period Read more

Mengapa terjadi growth without development di provinsi kalimantan timur?

Abstract: This study attempts to examine to what extent growth without development has occured in East Kalimantan (Kaltim)? It will use several analyses, in particular regional ty­pology based on economic growth and Gross Regional Domestic Product (GRDP), leading sectors and subsectors, location pattern of those leading sectors and subsectors, and the struc­tural transformation. To analyse Read more


This artikel discuss about Sistem Ekonomi Islam.Economic System of Islam, or sharia is currently much discussion in Indonesia. Many among the people who insisted that the Indonesian government immediately implement the Economic system of Islam in Indonesian Economic system along with the destruction of Capitalism Economic systems. This paper will discuss about what the economic Read more


This paper discussed the Economic Impact of Globalization on International Trade(Dampak Globalisasi Terhadap Perdagangan Internasional). But before that, we first discuss the definition of International Trade. Definition of International TradeInternational trade is a trade made by residents of a country with a population of other countries on the basis of mutual agreement. Occupation in question Read more