Panel Data, Cointegration, Causality and Wagner's Law: Empirical Evidence from Chinese Provinces
Narayan, Paresh Kumar
Nielsen, Ingrid
Smyth, Russell
10.4225/03/5938f7a95b2ab
https://bridges.monash.edu/articles/journal_contribution/Panel_Data_Cointegration_Causality_and_Wagner_s_Law_Empirical_Evidence_from_Chinese_Provinces/5091706
This 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.
2017-06-08 07:07:20
2006
monash:7039
1959.1/36480