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Recent developments in time series analysis have encouraged the economists to re-examine their findings about the Wagner’s Law. That is why, the aggregation in public expenditures may lead some contradictions, disaggregated analyses should perform to have more consistent results. In this...
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cointegration relationship for three out of five items. Moreover, results from Granger causality tests show evidence in favor of …
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community amenities, and for recreation, culture and religion. Moreover, Granger causality tests results show clear evidence …
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This paper presents an empirical analysis of Wagner's law in the case of Turkey over the period 1960-2000. The paper uses modern time-series econometric techniques to test the law's proposition that in the course of economic development, government expenditures increase. The results of this...
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used. Ng-Perron unit root tests show that all variables are integrated of order 1. Toda-Yamamoto tests of Granger causality … show that there is no causality flowing from either direction between GDP and government expenditure. Autoregressive …
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