Narayan, Seema; Rath, Badri Narayan; Narayan, Paresh Kumar - In: Economic Modelling 29 (2012) 5, pp. 1548-1557
In this paper, we test for Wagner's law for 15 Indian states. We consider nine panels of states based on geography and … strong evidence of Wagner's law. However, we find that the Wagner's law relationship is consumption rather than capital …