• Version
• Download 59
• File Size 1.09 MB
• File Count 1
• Create Date June 13, 2025
• Last Updated June 13, 2025

Modeling The Non-Linear Effects Of Government Expenditure Components On Economic Growth In Uganda

The study sought to model the Non-Linear Effects of Government Expenditure Components on Economic Growth in Uganda. The specific objective of this study was to examine the relationship between capital expenditures and economic growth in Uganda. Using a combination of statistical nonlinear models, including the Time-Dependent Cobb-Douglas model and Logistic Growth model, the study analyzed historical data on government expenditures and GDP growth in Uganda from 1982 to 2024. The results reveal significant findings. The Time-Dependent CobbDouglas

model, in particular, highlights a positive correlation between capital expenditures and economic growth, suggesting that strategic investments in infrastructure can stimulate productivity and growth. This study contributes to the understanding of how various government spending categories affect Uganda’s economic performance and provides valuable insights for policymakers. It emphasizes the importance of efficient allocation and prioritization of expenditures to maximize economic returns, particularly through investments in technology and capital infrastructure. The study recommended that future research should be conducted on optimizing public spending to foster sustainable growth in Uganda and other developing economies.

Attached Files