Testing Wagner’s Law in the presence of Structural Changes: New Evidence from Six African Countries (1960-2013)

Cilt: 6 Sayı: 1 1 Mart 2016
  • Yaya Keho
International Journal of Economics and Financial Issues Kapak
International Journal of Economics and Financial Issues
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Testing Wagner’s Law in the presence of Structural Changes: New Evidence from Six African Countries (1960-2013)

Abstract

This study re-examines the relationship between government expenditure and national income in order to test the validity of Wagner’s law for six African countries over the period from 1960 to 2013. The empirical analysis uses the Gregory and Hansen (1996) cointegration test which allows for a structural break in the long run relationships. We find supporting evidence of Wagner’s law in Ghana over the period 1960-2013 and in Cote d’Ivoire for the period 1960-1995. Evidence for Kenya for the period 1960-1991 supports both Wagner’s law and Keynesian view. The results for the other three countries do not advocate Wagner’s law or its reverse in the long run.

Keywords

Ayrıntılar

Birincil Dil

İngilizce

Konular

-

Bölüm

-

Yazarlar

Yayımlanma Tarihi

1 Mart 2016

Gönderilme Tarihi

1 Mart 2016

Kabul Tarihi

-

Yayımlandığı Sayı

Yıl 2016 Cilt: 6 Sayı: 1

IZ

https://izlik.org/JA69MM66CC

Kaynak Göster

RIS / Bibtex
APA
Keho, Y. (2016). Testing Wagner’s Law in the presence of Structural Changes: New Evidence from Six African Countries (1960-2013). International Journal of Economics and Financial Issues, 6(1), 1-6. https://izlik.org/JA69MM66CC
AMA
1.Keho Y. Testing Wagner’s Law in the presence of Structural Changes: New Evidence from Six African Countries (1960-2013). IJEFI. 2016;6(1):1-6. https://izlik.org/JA69MM66CC
Chicago
Keho, Yaya. 2016. “Testing Wagner’s Law in the presence of Structural Changes: New Evidence from Six African Countries (1960-2013)”. International Journal of Economics and Financial Issues 6 (1): 1-6. https://izlik.org/JA69MM66CC.
EndNote
Keho Y (01 Mart 2016) Testing Wagner’s Law in the presence of Structural Changes: New Evidence from Six African Countries (1960-2013). International Journal of Economics and Financial Issues 6 1 1–6.
IEEE
[1]Y. Keho, “Testing Wagner’s Law in the presence of Structural Changes: New Evidence from Six African Countries (1960-2013)”, IJEFI, c. 6, sy 1, ss. 1–6, Mar. 2016, [çevrimiçi]. Erişim adresi: https://izlik.org/JA69MM66CC
ISNAD
Keho, Yaya. “Testing Wagner’s Law in the presence of Structural Changes: New Evidence from Six African Countries (1960-2013)”. International Journal of Economics and Financial Issues 6/1 (01 Mart 2016): 1-6. https://izlik.org/JA69MM66CC.
JAMA
1.Keho Y. Testing Wagner’s Law in the presence of Structural Changes: New Evidence from Six African Countries (1960-2013). IJEFI. 2016;6:1–6.
MLA
Keho, Yaya. “Testing Wagner’s Law in the presence of Structural Changes: New Evidence from Six African Countries (1960-2013)”. International Journal of Economics and Financial Issues, c. 6, sy 1, Mart 2016, ss. 1-6, https://izlik.org/JA69MM66CC.
Vancouver
1.Yaya Keho. Testing Wagner’s Law in the presence of Structural Changes: New Evidence from Six African Countries (1960-2013). IJEFI [Internet]. 01 Mart 2016;6(1):1-6. Erişim adresi: https://izlik.org/JA69MM66CC