Trofimov, Ivan D. - In: European Journal of Government and Economics (EJGE) 12 (2023) 1, pp. 5-38
This paper examines Wagner hypothesis of the growth of public expenditure alongside the growth of economic activity for a panel of 28 European economies during the 1995-2018 period. The hypothesis is verified using Pesaran (2007) panel unit root and Westerlund (2007) cointegration tests that...