摘要：This article is studying on the effect of governmental expenditure composition on the Economic development of economic cooperation organization countries (ECO)in the period 1995-2009. In this article the most emphasis is on three types of public expenditure, health expenditure, education and defense. The usedmethod has been dynamic panel data method & generalized method of moments (GMM). The findings show that the health expen ditureby governmental statistically has Significant and negative effect on growth, educational expenditure by governmental statistically has Significant and positive effect also the governmental defense expenditure hassignificant & statistically has positive effect on the economic development of ECO countries. Doing of Sargan test for accuracy of appliedmomen ts shows the accuracy of usedmethod
关键词：Government Expenditure; Economic Growth; ECO Countries
