Wagner's law revisited: cointegration and exogeneity tests for the USA

被引：45

作者：

Islam, AM ^{[1
]}

机构：

[1] Univ Houston Downtown, Coll Business, Houston, TX 77002 USA

来源：

APPLIED ECONOMICS LETTERS | 2001年 / 8卷 / 08期

关键词：

D O I：

10.1080/13504850010018743

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper re-examines Wagner's hypothesis of an expanding government sector with progress of the economy using advanced econometric techniques such as cointegration and exogeneity tests not used in previous empirical studies. This study also uses much longer time series data for the USA than previously utilized. The empirical results based on cointegration and exogeneity tests provide strong support for the hypothesis for the USA.

引用

页码：509 / 515

页数：7

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