Huang, Chiung-Ju - In: Journal of Economic Development 31 (2006) 2, pp. 139-148
This paper tests Wagner¡¯s Law for China and Taiwan, using annual time series data covering the period 1979-2002. To estimate the long-run relationship between government expenditures and output, we use a robust estimation method known as the Bounds Test based on Unrestricted Error Correction...