TOTAL PUBLIC EXPENDITURES AND QUALITY OF LIFE: CASE FOR KENYA
Abstract
Purpose of Study: This study investigates the influence of total public expenditures on the quality of life (QoL) of people in Kenya over a period of 15 years, 2008-2022. The period marks the larger part of the ongoing Kenya Vision 2030.
Methodology: The study uses human development index as the metric for QoL, secondary data sources, and the autoregressive distributed lag model in the analysis to test the null hypotheses that total public expenditures are not statistically important in influencing QoL in Kenya.
Results: The results indicate that there is not enough evidence against the null hypothesis, contrary to popular expectations. One possible explanation for this outcome is attribution arising from the likelihood of unbalanced economic growth process in Kenya over time.
Keywords: Quality of life, total public expenditures, autoregressive distributed lag model, unbalanced economic growth, Kenya Vision 2030.
References
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Arrow, K. J. 1951. Little’s Critique of Welfare Economics. The American Economic Review, 41(5): 923-934.
Arrow, K. J. 1951 [1963]. Social Choice and Individual Values, New York: Wiley
Arrow, K. J. 1950. A Difficulty in the Concept of Social Welfare. Journal of Political Economy, 58: 328-346.
Backhouse, R. E. 2009. Robins and Welfare Economics: A Reappraisal. Journal of the History of Economic Thought, 31(4): 474-484.
Betham, I. 1998. Introduction to the basis of morality and legislation. Moscow: ROSSPEN.
Boyle, M. J. 2024. Welfare Economics Explained: Theory, Assumptions, and Criticism. https://www.investopedia.com>Economy>Economics Retrieved Thursday, 11/04/2024.
Choi, I. 2001. Unit Root Tests for Panel Data. Journal of International Money and Finance, Vol 2, pp249-272.
Coleman, J. A. 2004. Rational choice perspective on economic sociology. Journal of Economic Sociology, 5(3): 35-44.
Erhard, K. 2004. Collective choice and individual values. Moscow: Nachula-Press.
Kameyoma, Y. 2019. A Review of Quality of Life (QoL) Assessments and Indicators: Towards a “QoL-Climate” Assessment Framework. Ambio: A Journal of Environment and Society, 48(6): 619-638.
Fardoush, Z. 2020. Impact of Public Spending on the QoL in Rural Bangladesh. Advances in Social Sciences Research Journal, 7(4).
Flavin, P. 2019. State Government Public Goods Spending and Citizen’s Quality of Life. Social Science Research, Vol78, pp28-40.
Friedman, M. 2006. Capitalism and freedom. Moscow: New Publishing HSE
Gainer, M. 2015. Planning Transformation in a Divided Nation: Creating Kenya Vision 2030 (2005-2009). Innovations for Successful Societies: Princeton University
Glushchenko, O. V. 2016. Welfare as an imperative of social development of Ukraine. Economic Journal, 156(1-2): 31-36.
GoK. 2007. Kenya Vision 2030: A Globally Competitive and Prosperous Kenya, https://researchictafrica.net/countries/kenya/kenya_vision_2030_-_2007.pdf, Retrieved Saturday, 06/04/2024.
Hrynchyshyn, I. M. 2020. Evolution of Welfare Theories in the Postulates of Economic Schools and Concepts. Scientific Bulletin of Mukachero University, 7(1): 17-22.
Keynes, J. 2002. General theory of employment, interest and money. Moscow: Helios
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Kirori, G. N. 2019. Introduction to Macroeconomics. Nairobi: CUEA Press.
Kolot, A. M. 2017. Institutions of the new economy and society: Modern forms of interaction and development, https://ir.kneu.edu.ua/bitstream/handle/2010/21516/39-41.pdf;jsessionid=3E8E1570CIBEE862CF33F5886EEF9E5?sequence=1, retrieved on Friday 05/04/2024.
Krinitcyna, Z. V., Mikhailova, T. R., & German, M. V. 2016. Quality of life as the basis for achieving social welfare of the population. SHS Web of Conferences 28, 01060 (2016)
Lee, C. J. 2021. Effects of Government Characteristics on the Quality of Life. Social Indicators
Research, 157(1).
Little, I. M. D. 2002. A Critique of Welfare Economics – IDEAS/RePEc. https://ideas.repec.org>oxp>obooks Retrieved Thursday 11/04/2024.
Little, I. M. D. 1950. A Critique of Welfare Economics. Oxford: Clarendo Press.
Logutin, U. D. 2016. Neoconservative trend in modern economic theories: History, methodology and prospects of development. Kyiv: KNEU.
Mishra, S. K. 2007. A Brief History of Production Functions. Working Paper SSRN
1020577.
Novignon, Olakojo, & Novignon. 2012. The Effects of Public and Private Health Care Expenditure on Health Status in Sub-Saharan Africa: New Evidence from Panel Data Analysis. Health Economic Review, 2: 22
OECD. 2024. Economic growth: the impact on poverty reduction and inequality.
https://www.oecd.org>derec, retrieved 29/03/2024.
Onofrei, M., Vatamana, A. F., Vintila, G., & Cigu, E. 2021. Government health expenditure outcomes: A comparative study among EU developing countries. International Journal of Environmental Resources, 18(20).
Pigou, A. 1985. Economic theory of welfare. Moscow: Progress
Rajan, R. 2019. The third pillar: How markets and the State forget about the community.
New York: Penguin Press.
Smith, A. 2018. The welfare of nations: A study of the nature and causes of the wealth of nations. Kyiv: Nash Format.
Timlin, M. F. 2014. Theories of Welfare Economics, published online by Cambridge University Press on 07/11/2014UNDP. 2004. Human Development Report 2004: United Nations Development Programme.
Timlin, M. F. 1949. Review: Theories of Welfare Economics, The Canadian Journal of Economic and Political Science, 15(4:551-559.
World Bank. 2024. The World Bank in Kenya. https://worldbank.org/en/country/kenya/overview, Retrieved Saturday 06/04/2024.
World Bank. 2004. National Accounts Data. https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?locations = KE Retrieved Sunday 28/04/2024.
Arrow, K. 2004. Collective choice and individual values. Moscow: SU HSE
Arrow, K. J. 1962. Economic Welfare and Allocation of Resources for Innovation. https://www.nber.org/chapters/c2144 chapter pages in book p609-626, Retrieved Monday 22/04/2024.
Arrow, K. J. 1951. Little’s Critique of Welfare Economics. The American Economic Review, 41(5): 923-934.
Arrow, K. J. 1951 [1963]. Social Choice and Individual Values, New York: Wiley
Arrow, K. J. 1950. A Difficulty in the Concept of Social Welfare. Journal of Political Economy, 58: 328-346.
Backhouse, R. E. 2009. Robins and Welfare Economics: A Reappraisal. Journal of the History of Economic Thought, 31(4): 474-484.
Betham, I. 1998. Introduction to the basis of morality and legislation. Moscow: ROSSPEN.
Boyle, M. J. 2024. Welfare Economics Explained: Theory, Assumptions, and Criticism. https://www.investopedia.com>Economy>Economics Retrieved Thursday, 11/04/2024.
Choi, I. 2001. Unit Root Tests for Panel Data. Journal of International Money and Finance, Vol 2, pp249-272.
Coleman, J. A. 2004. Rational choice perspective on economic sociology. Journal of Economic Sociology, 5(3): 35-44.
Erhard, K. 2004. Collective choice and individual values. Moscow: Nachula-Press.
Kameyoma, Y. 2019. A Review of Quality of Life (QoL) Assessments and Indicators: Towards a “QoL-Climate” Assessment Framework. Ambio: A Journal of Environment and Society, 48(6): 619-638.
Fardoush, Z. 2020. Impact of Public Spending on the QoL in Rural Bangladesh. Advances in Social Sciences Research Journal, 7(4).
Flavin, P. 2019. State Government Public Goods Spending and Citizen’s Quality of Life. Social Science Research, Vol78, pp28-40.
Friedman, M. 2006. Capitalism and freedom. Moscow: New Publishing HSE
Gainer, M. 2015. Planning Transformation in a Divided Nation: Creating Kenya Vision 2030 (2005-2009). Innovations for Successful Societies: Princeton University
Glushchenko, O. V. 2016. Welfare as an imperative of social development of Ukraine. Economic Journal, 156(1-2): 31-36.
GoK. 2007. Kenya Vision 2030: A Globally Competitive and Prosperous Kenya, https://researchictafrica.net/countries/kenya/kenya_vision_2030_-_2007.pdf, Retrieved Saturday, 06/04/2024.
Hrynchyshyn, I. M. 2020. Evolution of Welfare Theories in the Postulates of Economic Schools and Concepts. Scientific Bulletin of Mukachero University, 7(1): 17-22.
Keynes, J. 2002. General theory of employment, interest and money. Moscow: Helios
ARV.
Kirori, G. N. 2019. Introduction to Macroeconomics. Nairobi: CUEA Press.
Kolot, A. M. 2017. Institutions of the new economy and society: Modern forms of interaction and development, https://ir.kneu.edu.ua/bitstream/handle/2010/21516/39-41.pdf;jsessionid=3E8E1570CIBEE862CF33F5886EEF9E5?sequence=1, retrieved on Friday 05/04/2024.
Krinitcyna, Z. V., Mikhailova, T. R., & German, M. V. 2016. Quality of life as the basis for achieving social welfare of the population. SHS Web of Conferences 28, 01060 (2016)
Lee, C. J. 2021. Effects of Government Characteristics on the Quality of Life. Social Indicators
Research, 157(1).
Little, I. M. D. 2002. A Critique of Welfare Economics – IDEAS/RePEc. https://ideas.repec.org>oxp>obooks Retrieved Thursday 11/04/2024.
Little, I. M. D. 1950. A Critique of Welfare Economics. Oxford: Clarendo Press.
Logutin, U. D. 2016. Neoconservative trend in modern economic theories: History, methodology and prospects of development. Kyiv: KNEU.
Mishra, S. K. 2007. A Brief History of Production Functions. Working Paper SSRN
1020577.
Novignon, Olakojo, & Novignon. 2012. The Effects of Public and Private Health Care Expenditure on Health Status in Sub-Saharan Africa: New Evidence from Panel Data Analysis. Health Economic Review, 2: 22
OECD. 2024. Economic growth: the impact on poverty reduction and inequality.
https://www.oecd.org>derec, retrieved 29/03/2024.
Onofrei, M., Vatamana, A. F., Vintila, G., & Cigu, E. 2021. Government health expenditure outcomes: A comparative study among EU developing countries. International Journal of Environmental Resources, 18(20).
Pigou, A. 1985. Economic theory of welfare. Moscow: Progress
Rajan, R. 2019. The third pillar: How markets and the State forget about the community.
New York: Penguin Press.
Smith, A. 2018. The welfare of nations: A study of the nature and causes of the wealth of nations. Kyiv: Nash Format.
Timlin, M. F. 2014. Theories of Welfare Economics, published online by Cambridge University Press on 07/11/2014UNDP. 2004. Human Development Report 2004: United Nations Development Programme.
Timlin, M. F. 1949. Review: Theories of Welfare Economics, The Canadian Journal of Economic and Political Science, 15(4:551-559.
World Bank. 2024. The World Bank in Kenya. https://worldbank.org/en/country/kenya/overview, Retrieved Saturday 06/04/2024.
World Bank. 2004. National Accounts Data. https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?locations = KE Retrieved Sunday 28/04/2024.
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Published
2024-12-10
How to Cite
Kimani, L. N., Mutasa, F. ., & Kirori, G. N. . (2024). TOTAL PUBLIC EXPENDITURES AND QUALITY OF LIFE: CASE FOR KENYA. African Journal of Emerging Issues, 6(22), 1–10. Retrieved from https://ajoeijournals.org/sys/index.php/ajoei/article/view/732
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