اختبار مدى ملائمة قانون “Wagner” مقابل فرضية “Keynes” : بعض الدول العربية كنموذج، للفترة 1980-2013م

الملخص EN

This study aims to investigate the relationship between government expenditure and economic growth for three Arabic countries (Saudi Aribia, Iraq, & Libya).

It was be estimated the relationship between government expenditure and GDP by using Panel Data to estimate Fixed & Random Effect Models, to check of the applicability of Wagner law versus Keynes Hypothesis in selected countries to study during 1980-2013.

This study found out that, there two direction of a relationship between government expenditure and real GDP, but Wagener law more efficient than Keynes Hypothesis to explain a relationship government expenditure and real GDP in selected countries