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المؤلفSaleh, Ali Salman
المؤلفVerma, Reetu
المؤلفIhalanayake, Ranjith
تاريخ الإتاحة2024-03-11T08:30:03Z
تاريخ النشر2017-07-31
اسم المنشورInternational Journal of Economics and Business Research
المعرّفhttp://dx.doi.org/10.1504/IJEBR.2017.085551
الاقتباسSaleh, A. S., Verma, R., & Ihalanayake, R. (2017). A validation of Wagner's Law: a case study of Sri Lanka. International Journal of Economics and Business Research, 14(1), 29-43.
الرقم المعياري الدولي للكتاب1756-9850
معرّف المصادر الموحدhttps://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85026819821&origin=inward
معرّف المصادر الموحدhttp://hdl.handle.net/10576/52863
الملخصThis study provides evidence on the validity of Wagner's Law on the impact of government spending on economic growth in Sri Lanka. To test for stationarity, we use the Narayan and Popp's (2010) new Perron-type innovational unit root test; and to test for the long-run relationship, the study uses Hatemi's (2008) co-integration method. This study finds that a long-run relationship exists between GDP, consumption and investment expenditure. Various policy implications have also emerged from these findings. Studies on the impact of government spending on economic growth in the case of South Asian countries, and particularly for Sri Lanka, are very limited. The study disaggregates public expenditure into its two components and uses advanced methodologies which take into account structural breaks.
اللغةen
الناشرInderscience Publishers
الموضوعco-integration
economic growth
government spending
Sri Lanka
structural breaks
Wagner's Law
العنوانA validation of Wagner's Law: A case study of Sri Lanka
النوعArticle
الصفحات29-43
رقم العدد1
رقم المجلد14
ESSN1756-9869
dc.accessType Abstract Only


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