Babatunde, M. Adetunji - In: Applied Economics 43 (2011) 21, pp. 2843-2850
This study tests Wagner's law (the tendency for government activities to expand along with economic expansion) for Nigeria using annual time series data between 1970 and 2006. It adopts the bounds test approach proposed by Pesaran et al. (2001) based on unrestricted error correction model...