Ghazy, Noha Hesham; Ghoneim, Hebatallah; Paparas, Dimitrios - In: Review of economics and political science : REPS 6 (2021) 2, pp. 98-117
Purpose One of the main theories regarding the relationship between government expenditure and gross domestic product (GDP) is Wagner's law. This law was developed in the late-19th century by Adolph Wagner (1835-1917), a prominent German economist, and depicts that an increase in government...