Cointegration and Causality between Public Expenditure and Economic Growth: Case of Kyrgyzstan
According to Wagner’s law there is unidirectional relationship from economic growth to public expenditure. Wagner’s states that increase of national income leads to faster growth of public expenditure. In other words, out of economic and social development in the country, people will demand more pub...
Main Authors: | , |
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Format: | Article |
Language: | Turkish |
Published: |
Usak University
2017-01-01
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Series: | Optimum Ekonomi ve Yönetim Bilimleri Dergisi |
Subjects: | |
Online Access: | http://dergipark.gov.tr/download/article-file/267358 |