Economic growth and government expenditure in China
AbstractIn this paper, I study the relationship between government expenditure and GDP in China using modern time series econometric techniques. To my knowledge, there has not been any previous study exploring such relationship for China. The regression results find general support for the existence of a strong positive relationship between government expenditure and GDP. The Granger causality tests indicate that there is some evidence that causality flows from government expenditure to GDP but not the other way around.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 18347.
Date of creation: 1998
Date of revision:
Wagner's law; government expenditure; China;
Find related papers by JEL classification:
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
- C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models &bull Diffusion Processes
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