International Network for Economic Research Working Paper 2012 . 9 The Validity of Wagner ’ s Law in the United Kingdom

Abstract

The relationship between national income and government spending is one of the most debated topics between economists and policy makers during the last decades. The objective of this paper is to examine the Wagner’s law validity, and if it can be applied in the U.K. public spending expansion for the period 1850-2010. According to Wagner’s hypothesis… (More)

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