Please use this identifier to cite or link to this item:
https://www.um.edu.mt/library/oar/handle/123456789/30645| Title: | Public sector participation in the development of the EU economies |
| Authors: | Karagianni, Stella |
| Keywords: | Government spending policy -- Mathematical models Government spending policy -- European Union countries Cointegration |
| Issue Date: | 2000 |
| Publisher: | University of Piraeus. International Strategic Management Association |
| Citation: | Karagianni, S. (2000). Public sector participation in the development of the EU economies. European Research Studies Journal, 3(1-2), 47-56. |
| Abstract: | This paper tests statistically the long run and causal relationship between government spending and income, applying six alternative functional forms, by employing two of the most advanced econometric methods, the two-step Engle and Granger cointegration method and the Granger causality test, using data for the EU-15 countries over the time period 1949-1998. There is limited support in favour of Wagner’s law in most European countries. |
| URI: | https://www.um.edu.mt/library/oar//handle/123456789/30645 |
| ISSN: | 11082976 |
| Appears in Collections: | European Research Studies Journal, Volume 3, Issue 1-2 |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| Public_sector_participation_in_the_development_of_the _EU_economies_2000.pdf | 568.45 kB | Adobe PDF | View/Open |
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