IDEAS home Printed from https://ideas.repec.org/a/jns/jbstat/v215y1996i3p328-343n1006.html
   My bibliography  Save this article

Testing Wagner’s Law for Germany: An Exercise in Applied Time Series Analysis / Gilt das Wagner’sehe Gesetz für Deutschland? Eine Übung in angewandter Zeitreihenanalyse

Author

Listed:
  • Hayo Bernd

    (Diplom-Volkswirt, Lehrstuhl für Finanzwissenschaft, Universität Bamberg, Feldkirchenstr. 21, D-96045 Bamberg)

Abstract

This paper tests for Wagner’s Law in Germany over the period 1960 to 1993, using quarterly data. The hypothesis is specified as the elasticity of the share of the state sector in GNP with respect to real GNP per capita. After testing for integration and cointegration, the elasticity has been estimated alternatively under the assumption of stationarity (ADL-model) and nonstationarity (single equation and system methods for estimating the cointegrating vector) of the series. The elasticity appears to be significantly greater than zero, its size being between 0.35 and 1.57, with some indication that it is around unity. Thus, this study shows evidence of Wagner’s Law for Germany over the investigated period.

Suggested Citation

  • Hayo Bernd, 1996. "Testing Wagner’s Law for Germany: An Exercise in Applied Time Series Analysis / Gilt das Wagner’sehe Gesetz für Deutschland? Eine Übung in angewandter Zeitreihenanalyse," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 215(3), pages 328-343.
    • Handle: RePEc:jns:jbstat:v:215:y:1996:i:3:p:328-343:n:1006
    DOI: 10.1515/jbnst-1996-0306
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/jbnst-1996-0306
    Download Restriction: no
    File URL: https://libkey.io/10.1515/jbnst-1996-0306?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jns:jbstat:v:215:y:1996:i:3:p:328-343:n:1006. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.degruyter.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.