Please use this identifier to cite or link to this item:
https://library.cbn.gov.ng:8443/jspui/handle/123456789/205| Title: | Cointegration, causality and Wagner's Law: a test for Nigeria 1970-2003 |
| Authors: | Aregbeyen, Omo |
| Keywords: | Wagner's Law Cointegration Error Correction Causality Nigeria |
| Issue Date: | Jun-2006 |
| Publisher: | Research Department, Central Bank of Nigeria |
| Citation: | Aregbeyen, O. (2006). Cointegration, causality and Wagner's Law: a test for Nigeria, 1970-2003. Economic and Financial Review, 44(2), 1-22. |
| Series/Report no.: | Volume 44;No. 2 |
| Abstract: | This paper examines the validity of Wagner's Law (the tendency for public expenditure to grow relative to national income) against the contending Keynesian proposition (that it is the changes in public expenditure that trigger those of national income) using Nigeria's data over the period 1970-3003. Two variants of the models for investigating Wagner's Law were tested. |
| URI: | http://library.cbn.gov.ng:8092/jspui/handle/123456789/205 |
| ISSN: | 19572968 |
| Appears in Collections: | Economic and Financial Review |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| Cointegration Causality and Wagners Law a test for Nigeria 1970-2003 (2).pdf | 5.59 MB | Adobe PDF |  View/Open |
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