WAGNER'S LAW REVISITED: A NOTE FROM SOUTH AFRICA

2012 ◽  
Vol 80 (2) ◽  
pp. 200-208 ◽  
Author(s):  
KOJO MENYAH ◽  
YEMANE WOLDE-RUFAEL
2017 ◽  
Vol 9 (4(J)) ◽  
pp. 49-61
Author(s):  
Mthokozisi Mlilo ◽  
Matamela Netshikulwe

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.


2017 ◽  
Vol 9 (4) ◽  
pp. 49
Author(s):  
Mthokozisi Mlilo ◽  
Matamela Netshikulwe

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.


1980 ◽  
Vol 33 (2) ◽  
pp. 189-201
Author(s):  
ARTHUR J. MANN
Keyword(s):  

OPEC Review ◽  
1999 ◽  
Vol 23 (2) ◽  
pp. 139-171 ◽  
Author(s):  
Nadeem A. Burney ◽  
Nadia Al-Mussallam

2017 ◽  
Vol 14 (1) ◽  
pp. 29
Author(s):  
Ali Salman Saleh ◽  
Reetu Verma ◽  
Ranjith Ihalanayake

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