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The relationship between national income and government spending is one of the most debated topics between economists and policy makers during the last decades. The objective of this paper is to examine the Wagner’s law validity, and if it can be applied in the U.K. public spending expansion...
Persistent link: https://www.econbiz.de/10010902583
In this paper we investigate the long-run relationship between national income and government spending by using Greek data from 1833 until 2010. We use five different formulations of Wagner's law (the long run tendency for government expenditure to expand relative to economic growth) and find...
Persistent link: https://www.econbiz.de/10010764534
In this paper, we try to answer if the empirical evidence on the Greek fiscal policy has been consistent with the government intertemporal budget constraint during two tested periods, 1833 to 2009 and 1960 to 2009. The recent Greek debt crisis provides a unique opportunity to test whether...
Persistent link: https://www.econbiz.de/10010670275
The identification of an European business cycle has been inconclusive. Yet cyclical convergence is the key consideration for those countries that wish to be members of the currency union (e.g. UK). In general, countries will vary in the components and characteristics that make up their cycles...
Persistent link: https://www.econbiz.de/10005504117
As there is a limited availability of information on the domestic water consumption through kitchen taps, data collected in a study on dishwashing habits in four European countries has been analysed to gather common habits in the water end-use of households. This paper provides empirical data...
Persistent link: https://www.econbiz.de/10010794286
Persistent link: https://www.econbiz.de/10010864990
Persistent link: https://www.econbiz.de/10010959192
Groundwater from a depth of 100–200 m is the main source of public water supply in most municipalities in the Pannonian basin in central and southeastern Europe. Even though its quality does not always meet EU standards for drinking water—including those regarding arsenic—in many villages...
Persistent link: https://www.econbiz.de/10010997743
This paper tests the hypothesis that the links and dependency relationships between China and her special regions have changed over the past 20 years with the industrialisation of China, and the emergence of Taiwan as a source of investment and sophisticated manufactures, and Hong Kong as...
Persistent link: https://www.econbiz.de/10005005380
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