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Testing of Wagner's Law in the Context of Indian States:An Empirical Analysis


Affiliations
1 Department of Economics, BHU, Varanasi-221005, India
 

In this paper, we examine the relations hi ft lief ween public expenditure and economic growth in the context of Indian Matt' with empirically testing of the Wagner's Law. The main concern of the paper is to determine whether Wagner's hypothesis of increasing state activity holds true in context of Indian states.

Keywords

Wagner's Law, Public Expenditure, Economic Growth, Granger Causality Analysis.
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  • Testing of Wagner's Law in the Context of Indian States:An Empirical Analysis

Abstract Views: 446  |  PDF Views: 6

Authors

Kanchan Singh
Department of Economics, BHU, Varanasi-221005, India
Pragyesh Nath Tripathi
Department of Economics, BHU, Varanasi-221005, India

Abstract


In this paper, we examine the relations hi ft lief ween public expenditure and economic growth in the context of Indian Matt' with empirically testing of the Wagner's Law. The main concern of the paper is to determine whether Wagner's hypothesis of increasing state activity holds true in context of Indian states.

Keywords


Wagner's Law, Public Expenditure, Economic Growth, Granger Causality Analysis.