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The Wagner hypothesis from the perspective of the Romanian economy

Ana-Maria Ţepuş
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Ana-Maria Ţepuş: Bucharest Academy of Economic Studies

Theoretical and Applied Economics, 2012, vol. XVIII(2012), issue 8(573), 135-152

Abstract: The study consists in determining a long term relationship between the size of the governmental expenses and the economic growth in Romania during the 2000-2010 period. By using the quarterly data of this period and the econometric techniques like the Granger causality, the co-integration analysis and VAR analysis, we have reached the conclusion that there is enough proof in favour of validating the Wagner law.

Keywords: Wagner law; Granger causality; the size of the governmental sector. (search for similar items in EconPapers)
Date: 2012
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