Evidence of Wagner's law from Indian states

C-Tier
Journal: Economic Modeling
Year: 2012
Volume: 29
Issue: 5
Pages: 1548-1557

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In this paper, we test for Wagner's law for 15 Indian states. We consider nine panels of states based on geography and level of economic development. Using panel unit-root, panel-cointegration, and panel-Granger causality analysis, we unravel strong evidence of Wagner's law. However, we find that the Wagner's law relationship is consumption rather than capital expenditure driven. This is a fresh revelation and our results are robust to different model specifications.

Technical Details

RePEc Handle
repec:eee:ecmode:v:29:y:2012:i:5:p:1548-1557
Journal Field
General
Author Count
3
Added to Database
2026-01-26