Models of the dynamics of GDP public and USA public expenditure. The role of the state in stimulating economic growth

Abstract

The article describes the results of a study of the contribution to gross domestic product of the United States factors in the consumption of goods, services, fixed capital investment, exports, imports and government spending, and government spending, consisting of spending on national defense, spending not related to national defense and expenditures of states and municipalities. Built econometric model of US GDP and government spending as one of the components of gross domestic product, analyzed. The main conclusion about the conducted research is the fact that over the years 1965–2015, regulation of the U.S. economy was conducted in the framework of Keynesian theory. The main lever to stimulate economic growth in the United States are government spending.