Linear and Non-Linear Causality between Public Spending and Income in Greece
Κύρια Υπευθυνότητα:
Karagianni, Stella
Θέματα:
Πολιτική κυβερνητικών δαπανών Public spending policy Εισόδημα, Κατανομή του -- Ελλάδα Income distribution -- Greece
Ημερομηνία Έκδοσης:
2005
Εκδότης:
Γιώργος Σταμάτης
Εκδότης:
Ελληνικά Γράμματα
Περιγραφή:
This paper deploys the linear and non-linear Granger causality methods in order to determine the causal relationship between national income and government expenditure in Greece over the post-war time period. For this purpose, six alternative functional forms of Wagner’s law have been adopted. The empirical results indicate support for both linear and non-linear causality between income and government expenditure. The results provide additional empirical evidence on the relationship between government spending and income in Greece, while they may prove useful theoretical and empirical research for the regulators and the policy makers.
Βιβλιογραφική Παραπομπή:
Πολιτική οικονομία : επιθεώρηση οικονομικών και κοινωνικών επιστημών (τευχ. 13), 57-70 (2005)
