Wagner’s law after more than century – increase or decrease of public expenditure stipulates economic growth?

Wagner’s law after more than century – increase or decrease of public expenditure stipulates economic growth?

<p>The main aim of this paper is to refresh the theoretical concept called Wagner’s Law which says that economic growth should be stipulated by increasing public expenditure. Statistical data confirm that there has been a growing share of public expenditure in the national income of main count...

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Bibliographic Details
Main Author: Krzysztof Szlichciński
Format: Article
Language:English
Published: Uniwersytet Mikołaja Kopernika 2009-12-01
Series:Ekonomia i Prawo
Subjects:
Wagner’s Law
public expenditure
economic policy
economic growth
Online Access:http://apcz.umk.pl/czasopisma//index.php/EiP/article/view/7277

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