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Authors
Advisor(s)
Abstract(s)
Esta dissertação investiga a relação causal entre a despesa publica per capita e o rendimento nacional per capita em Angola. Utilizamos dados de séries temporais anuais de 1985 à 2015.
Os resultados indicam que as variáveis são não estacionárias e não existe relação de longo-prazo entre as mesmas. Existe apenas relação de curto-prazo, os testes de causalidade a Granger invalidam a lei de Wagner e validam a teoria de Keynes.
This dissertation investigates the causal link between public spending per capita and national income per capita in Angola using data from annual time series from 1985 to 2015. Results indicate that variables are non-stationary and that there is no long term relationship between them. There is only a short term relationship and Granger's causality test invalidates Wagner's law and validates Keynes' theory.
This dissertation investigates the causal link between public spending per capita and national income per capita in Angola using data from annual time series from 1985 to 2015. Results indicate that variables are non-stationary and that there is no long term relationship between them. There is only a short term relationship and Granger's causality test invalidates Wagner's law and validates Keynes' theory.
Description
Mestrado em Economia
Keywords
Teoria de Keynes Lei de Wagner Gastos Públicos Rendimento Nacional Keynes´ Theory Wagner Law Public Spending National Income
Pedagogical Context
Citation
Cambulo, Ifilay Ernesto Luís (2016). "Public spending and economic growth in Angola". Dissertação de Mestrado, Universidade de Lisboa. Instituto Superior de Economia e Gestão.
Publisher
Instituto Superior de Economia e Gestão