The Role of Government Spending in Economic Growth and Wealth Improvement in Eastern Visayas
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Abstract
This study analyzed the relationship between government spending, economic growth, and wealth improvement in Eastern Visayas using secondary data from the Philippine Statistics Authority and the International Wealth Index covering 2001 to 2023. It examined how government expenditures, particularly Government Final Consumption Expenditure, influence Gross Regional Domestic Product and wealth distribution. Trend and correlation analyses revealed strong positive relationships between government spending and economic growth, and moderate relationships with wealth improvement. However, wealth distribution improved at a slower rate. The …
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Cite This Research
Quilatan, Cabaguing, Labrague, Hamo-ay (2024). The Role of Government Spending in Economic Growth and Wealth Improvement in Eastern Visayas. College of Education, Samar State University. Retrieved from https://gov-aideas.ssu.edu.ph/research/the-role-of-government-spending-in-economic-growth-and-wealth-improvement-in-eastern-visayas
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Research Information
- Research Type
- Applied Research
- Sector
- Governance & Public Administration
- College
- College of Education
- Published
- February 23, 2026
- Last Updated
- February 23, 2026
- Access Level
- Public
- File Size
- 857.3 KB