The Curious Attraction of Wagner's Law

By A. Peacock, Alex Scott. 2000

216 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/0e3987acb3beced2f1f009797af0ecd48b5b27eb

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. Russell Smyth *
2. Paresh Kumar Narayan
3. Muhammad Shahbaz
4. Ilhan Ozturk
5. Serena Lamartina
6. Andrea Zaghini
7. I. Nielsen
8. Sakiru Adebola Solarin

In Finance

1. Russell Smyth *
2. Andrea Zaghini
3. I. Nielsen
4. Paresh Kumar Narayan
5. Muhammad Shahbaz
6. Ilhan Ozturk
7. Afees A. Salisu
8. Sakiru Adebola Solarin

Citations in the corpus

• Increasing Public Expenditure: Wagner’s Law in OECD Countries (2011, background): “As pointed out in Peacock and Scott (2000), the cointegrating relationship itself is the best econometric translation of the mutual evolution of government spending and economic development that Wagner had in mind when formulating his law.”
• Panel data, cointegration, causality and Wagner's law : empirical evidence from Chinese provinces (2006, methodology): “EMPIRICAL SPECIFICATION AND DATA Three proxies that have been used in the literature to measure Wagner’s formulation of ‘increasing state activity’ are government expenditure, government expenditure per capita and government expenditure as a share of GDP (Peacock and Scott, 2000).”
• Government Size, Composition, Volatility and Economic Growth (2008, unknown): “Based on the data he had he argued that as the wealth of society increases, so does the relative size of government (see Buchanan and Tullock, 1977, and Peacock and Scott, 2000, for related discussions).”