The study consists in determining a long term relationship between the size of the governmental expenses and the economic growth in Romania during the 2000-2010 period. By using the quarterly data of this period and the econometric techniques like the Granger causality, the co-integration...

We estimate the income elasticity of government expenditures using variation in the international oil price as a plausibly exogenous source of within-country variation of countries’ permanent income. Our short run elasticity estimates, between 0.25-0.50, are generally somewhat smaller than the...

Nine versions of Wagner’s law are examined employing annual time-series data on Bolivia for the period 1940-2010. The analysis is an advance over previous work in several ways. First, the stationarity properties and the order of integration of the data are investigated using the Augmented...

In this paper a panel cointegration analysis is made of both overall development of government expenditure and economic growth in the seventeen Spanish regions (comunidades autónomas, in Spanish). Empirical evidence offers us a positive correlation between public expenditure and per capita GDP...

While previous studies to test Wagner’s hypothesis for Nigeria used total government expenditure, this paper in addition to total government expenditure used a disaggregated government expenditure data from 1961 - 2007, specifically; expenditure on general administration and that of community...

This study aimed to find out the impact of expenditure on economic growth in Pakistan, using the time series data for the period 1972 to 2013. Secondary data was acquired from World Development indicators and Pakistan Bureau of Statistics. Augmented Dicky Fuller Test (ADF) test was applied to...