THE RELATIONSHIP BETWEEN ECONOMIC GROWTH AND GOVERNMENT SPENDING: A CASE STUDY OF OIC COUNTRIES

THE RELATIONSHIP BETWEEN ECONOMIC GROWTH AND GOVERNMENT SPENDING: A CASE STUDY OF OIC COUNTRIES

This paper presents the results for testing for causal relationship between economic growth and goverment spending for OIC countries covering the time series data 1970~2006. There are usually two propositions regarding the relation between economic growth and government spending: Wagner’s Law states...

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Bibliographic Details
Main Author: Heri Sudarsono
Format: Article
Language:English
Published: Muhammadiyah University Press 2015-06-01
Series:Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan
Subjects:
granger test, government spending, Wagner’s law, Keynesian
Online Access:http://journals.ums.ac.id/index.php/JEP/article/view/322

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