A carregar...
Publicação
Reconsidering Wagner’s law: evidence from the functions of the government
| Nome: | Descrição: | Tamanho: | Formato: | |
|---|---|---|---|---|
| 790.26 KB | Adobe PDF |
Autores
Orientador(es)
Resumo(s)
We revisit Wagner’s law by function of government expenditure. Using data of 14 European
countries between 1996 and 2013, we apply panel data and SUR methods to assess public
expenditure–income elasticities. We find that some functions of government spending for a
few countries (e.g. Austria, France, the Netherlands and Portugal) validate Wagner’s law. For
the Netherlands, expenditures with environment protection increase more than proportionately
to economic growth, and for France that is the case of spending in housing and community
amenities. In addition, Greece is the only country where two public spending items react more
than one to one to growth.
Descrição
Palavras-chave
Fiscal Policies Government Spending SUR Estimation Wagner’s Law
Contexto Educativo
Citação
Afonso, António, and José Alves. (2017). "Reconsidering Wagner’s law: evidence from the functions of the government". Applied Economics Letters, Vol. 24, No. 5: pp. 346-350.
Editora
Taylor & Francis Group