Research on the Influence of Fiscal Expenditure on Economic Growth in Shandong Province
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Huiqing Wang, Chunni Liu
As an important way for the government to carry out macro-control, fiscal expenditure has an important influence on national economic development. This work first theoretically analyzed the impact of fiscal expenditure scale and expenditure structure on economic growth, then used relevant data of Shandong Province from 1994 to 2018 to verify that increasing the scale of fiscal expenditure can promote economic growth in Shandong Province, and social security, employment expenditure, and expenditure on science, education, culture and health play a significant role in stimulating economic growth. Finally, this work discussed the countermeasures and suggestions to improve fiscal expenditure in Shandong Province from levels of expenditure scale and expenditure structure.
Shandong Province, fiscal expenditure, economic growth