Testing Wagner’s law versus the Keynesian hypothesis for GCC countries

2020 ◽  
pp. 1-23
Author(s):  
Salah A. Nusair ◽  
Dennis O. Olson
Keyword(s):  
Wagner’S Law ◽  
Gcc Countries ◽  
Wagner's Law

WAGNER'S LAW: AN ECONOMETRIC TEST FOR MEXICO, 1925-1976

1980 ◽  
Vol 33 (2) ◽  
pp. 189-201
Author(s):  
ARTHUR J. MANN
Keyword(s):  
Wagner’S Law ◽  
Wagner's Law

Wagner's law and public expenditure growth in Kuwait

OPEC Review ◽  
1999 ◽  
Vol 23 (2) ◽  
pp. 139-171 ◽  
Author(s):  
Nadeem A. Burney ◽  
Nadia Al-Mussallam
Keyword(s):  
Public Expenditure ◽  
Wagner’S Law ◽  
Expenditure Growth ◽  
Wagner's Law

scholarly journals A validation of Wagner's Law: a case study of Sri Lanka

2017 ◽  
Vol 14 (1) ◽  
pp. 29
Author(s):  
Ali Salman Saleh ◽  
Reetu Verma ◽  
Ranjith Ihalanayake
Keyword(s):  
Sri Lanka ◽  
Wagner’S Law ◽  
Wagner's Law

Testing Wagner’s Law

2002 ◽  
pp. 33-48
Author(s):  
Panos Afxentiou ◽  
Apostolos Serletis
Keyword(s):  
Wagner’S Law ◽  
Wagner's Law

scholarly journals Re-testing Wagner's Law: Structural breaks and disaggregated data for South Africa

2017 ◽  
Vol 9 (4(J)) ◽  
pp. 49-61
Author(s):  
Mthokozisi Mlilo ◽  
Matamela Netshikulwe
Keyword(s):  
South Africa ◽  
Structural Breaks ◽  
Government Expenditure ◽  
Active Role ◽  
Output Growth ◽  
Causality Test ◽  
Wagner’S Law ◽  
Education Expenditures ◽  
Wagner's Law ◽  
The Government

Direction of causality between government expenditure and output growth is pertinent for a developing country since a sizeable volume of economic resources is in the hands of the public sector. This paper investigates the Wagner's law in South Africa over the post-apartheid era, 1994-2015. This paper is unique to present studies since it uses disaggregated government expenditure and controls for structural breaks. The Granger non-causality test of Toda & Yamamoto, a superior technique compared to conventional Granger causality testing, is employed and this paper finds no support for Wagner's law. However, there is causality running from total government and education expenditures to output. This finding is in line with the Keynesian framework. It is recommended in the paper that the government should take an active role in promoting output growth through increases in education expenditures in particular.

scholarly journals The Wagner’s law testing in the Visegrád Four countries

2020 ◽  
Vol 20 (4) ◽  
pp. 409-430
Author(s):  
Žaneta Tesařová
Keyword(s):  
Var Model ◽  
Capital Expenditures ◽  
Public Expenditures ◽  
Short Term ◽  
The Czech Republic ◽  
Wagner’S Law ◽  
Vec Model ◽  
Wagner's Law ◽  
Johansen Cointegration Test ◽  
The Relationship

AbstractThis research paper analyses the relationship between gross domestic product and public expenditures in nominal terms. The analysis is being done by using the standard Peacock-Wiseman specification of the Wagner’s law and provides the results for the Visegrád Four countries, i.e. the Czech Republic, Slovakia, Poland and Hungary. We aim to answer a question concerning the existence of a long and/or short-term relationship between the nominal GDP and nominal public expenditures, which consist of current and capital expenditures. To address this question, we employ the VAR model, the Johansen Cointegration test and the VEC model. We study a period between the first quarter of 1999 and the second quarter of 2019 and find out mixed results for the Visegrád Four countries.

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