This paper investigates the impact of long-run government expenditure and economic growth in different states in South Africa. Economic growth has been below the policy target of 5% stipulated in the National Development Plan Vision 2030, while government expenditure growth has been volatile but...

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...

The validity of Wagner’s law, which states that the growth of public expenditure can be explained as a result of the increase in economic activity, is tested for Greece during the period 1833-1938. This represents a period of growth, industrialisation and modernisation of the economy,...