Wagner's law in Algeria : an econometric analysis during 1967-2018
Joint Authors
Yahya, Samir Ayt
Atmania, Khadra
Source
Journal of Studies in Economics and Management
Issue
Vol. 4, Issue 1 (30 Jun. 2021), pp.750-769, 20 p.
Publisher
Publication Date
2021-06-30
Country of Publication
Algeria
No. of Pages
20
Main Subjects
Topics
Abstract EN
The study aims to test the validity of five versions of Wagner's hypothesis for the Algerian case using time series annual data over the period from 1967 to 2018.
The paper tries to examine the existence of long-run relationship between public expenditure and economic growth, and it has been used Autoregressive Distributed Lag (ARDL) bounds testing approach to cointegration and ECM based on ARDL procedure and granger causality test.
The findings indicated that there is no cointegration between the variables whether in the Peacock-wiseman model (Model1) or in the Goffman one (Model 2).
However, in case of Pryor (Model 3), Mustgrave (Model 4) and Mann (Model 5), the series are cointegrated.
The estimated coefficients of the long-run relationships showed that Wagner's law runs in Algeria in case of Pryor model (Model 03), While the coefficients of the long-run relationships in fourth and fifth model are not significant.
American Psychological Association (APA)
Atmania, Khadra& Yahya, Samir Ayt. 2021. Wagner's law in Algeria : an econometric analysis during 1967-2018. Journal of Studies in Economics and Management،Vol. 4, no. 1, pp.750-769.
https://search.emarefa.net/detail/BIM-1308582
Modern Language Association (MLA)
Atmania, Khadra& Yahya, Samir Ayt. Wagner's law in Algeria : an econometric analysis during 1967-2018. Journal of Studies in Economics and Management Vol. 4, no. 1 (2021), pp.750-769.
https://search.emarefa.net/detail/BIM-1308582
American Medical Association (AMA)
Atmania, Khadra& Yahya, Samir Ayt. Wagner's law in Algeria : an econometric analysis during 1967-2018. Journal of Studies in Economics and Management. 2021. Vol. 4, no. 1, pp.750-769.
https://search.emarefa.net/detail/BIM-1308582
Data Type
Journal Articles
Language
English
Notes
-
Record ID
BIM-1308582