Panel data, cointegration, causality and Wagner's law: Empirical evidence from Chinese provinces
AbstractThis paper tests Wagner's law of increasing state activity using panels of Chinese provinces. The paper's main methodological contribution is in that we employ for the first time in the literature on Wagner's law a panel unit root, panel cointegration and Granger causality testing approach. Overall, we find mixed evidence in support of Wagner's law for China's central and western provinces, but no support for Wagner's law for the full panel of provinces or for the panel of China's eastern provinces.
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Bibliographic InfoArticle provided by Elsevier in its journal China Economic Review.
Volume (Year): 19 (2008)
Issue (Month): 2 (June)
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Web page: http://www.elsevier.com/locate/chieco
Other versions of this item:
- Paresh Kumar Narayan & Ingrid Nielsen & Russell Smyth, 2006. "Panel Data, Cointegration, Causality And Wagner'S Law: Empirical Evidence From Chinese Provinces," Monash Economics Working Papers 01/06, Monash University, Department of Economics.
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