TESTING THE VALIDITY OF WAGNER’S LAW IN THE NAMIBIAN CONTEXT: A TODA-YAMAMOTO (TY) GRANGER CAUSALITY APPROACH, 1991-2013
2016 - Vol 14 Num. 1
This paper examines the validity of Wagner’s (1883) hypothesis on the direction of causality between sectoral public expenditures and economic growth in Namibia for the period 1991-2013. It focuses on public expenditure on education, health and capital goods. Wagner law states that an increase in economic activity...
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TESTING THE VALIDITY OF WAGNER’S LAW IN THE NAMIBIAN CONTEXT: A TODA-YAMAMOTO (TY) GRANGER CAUSALITY APPROACH, 1991-2013
2016
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