Wagner's law Economics

January 2002
Dictionary of Theories;2002, p551
Reference Entry
Information about Wagner's law is presented. According to this theory, the development of an industrial economy is accompanied by an increased share of public expenditure in its gross national product.


Related Articles

  • Burning Down Your House. Clifford, Hal // Orion Magazine;Jan/Feb2004, Vol. 23 Issue 1, p8 

    This article focuses on the economic improvements caused by disasters. Concern on the environmental implications of the 7.2 5 increase in the U.S. gross domestic product in the summer 2003; Factors influencing real economic development.

  • Affluent and untapped.  // PRWeek (U.S. Edition);Jun2012, Vol. 15 Issue 6, p35 

    The article focuses on the study conducted to examine spending power of American-Muslim in the U.S. market. According to a report, it has been estimated, Muslim spends 125 billion dollars to more than 200 billion dollars. Further it mentions companies are benefited by supporting local Muslim...

  • JAPAN BEYOND 1970. Wakaizumi, Kei // Foreign Affairs;Apr1969, Vol. 47 Issue 3, p509 

    This article looks at the economic condition in Japan as of July 1969. The country's gross national product (GNP) has been expanding at the scarcely believable rate of more than 10 percent annually. It is evident that growth of this sort means major changes in quick succession. By the...

  • GOVERNMENT EXPENDITURE AND ECONOMIC GROWTH: EVIDENCE FROM TRIVARIATE CAUSALITY TESTING. Loizides, John; Vamvoukas, George // Journal of Applied Economics;May2005, Vol. 8 Issue 1, p125 

    This paper seeks to examine if the relative size of government (measured as the share of total expenditure in GNP can be determined to Granger cause the rate of economic growth, or if the rate of economic growth can be determined to Granger cause the relative size of government. For this...

  • Keynes and Wagner on government expenditures and economic development: the case of a developing economy. Samudram, Muthi; Nair, Mahendhiran; Vaithilingam, Santha // Empirical Economics;Jun2009, Vol. 36 Issue 3, p697 

    This paper investigates the Keynesian view and the Wagner’s Law on the role of public expenditure on economic growth for Malaysia (1970–2004). The empirical results using the Auto-Regression Distributed Lag (ARDL) model and the ‘bounds test’ (Pesaran et al. in J Appl...

  • A GREEN MEASURE OF CAMBODIA'S GDP TO ASSIST IN ACHIEVING SUSTAINABILITY. Chhinh, Nyda; Lawn, Philip // Environmental Research Journal;2009, Vol. 3 Issue 4, p259 

    The article presents a study which utilizes the Hicksian national income in measuring sustainable development (SD) in Cambodia. The author provides an overview on the social and economic development in the country from pre-1953 Independence to post-1993 elections. It reveals that the Hicksian...

  • BBVA Watch.  // Caribbean Business;4/6/2006, Vol. 34 Issue 13, p13 

    The article presents statistics on the local economy of Puerto Rico during fiscal year 2005. Key issues discussed include a slowdown in the country's overall economic growth, the 2% inflation adjusted gain posted by its gross national product and levels of consumer and government spending during...

  • Smashing The Bottlenecks.  // Asia Monitor: South Asia Monitor;Jul2006, Vol. 12 Issue 7, p1 

    The article reports on the current economic condition of Pakistan. The country's latest budget has an overall fiscal deficit which is set to increase to 4.5 percent of gross national product in fiscal year 2006-2007, from 3.4 percent in fiscal year 2005 to 2006. It reflects reconstruction costs...

  • Productivity in the United States and its relationship to government activity: An analysis of 57 years, 1929-1986. Peden, Edgar A. // Public Choice;Feb1991 Part 2, Vol. 69 Issue 2, p153 

    Under the classical supply-side paradigm of productivity grouth, raising government economic above rudimentary levels integrates markets and provides useful public goods which enhance growth. Beyond some point however, increasing government activity discourages growth through tax disincentives...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics