Theoretical and Applied Economics
No. 8 / 2012 (573)
The Wagner hypothesis from the perspective of the Romanian economy
Ana-Maria ŢEPUŞ
Bucharest Academy of Economic Studies
Bucharest Academy of Economic Studies
Abstract. The study consists in determining a long term relationship between the size of the governmental expenses and the economic growth in Romania during the 2000-2010 period. By using the quarterly data of this period and the econometric techniques like the Granger causality, the co-integration analysis and VAR analysis, we have reached the conclusion that there is enough proof in favour of validating the Wagner law.
Keywords: Wagner law; Granger causality; the size of the governmental sector.
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Contents
Marin Dinu
- The new economic geography and regional policy
in Romania
Raluca Irina CLIPA
Ion POHOAŢĂ
Flavian CLIPA
- Solutions against crisis applicable
to the oro-dental health system in Romania
Adriana DUŢESCU
Oana STĂNILĂ
Daniela SAHLIAN
Daniela TRAŞCĂ
- The bad public decisions’ ripple –
setting the education off balance.
Marketing simulation – education design decisions
Ioana Teodora DINU
- Prepayment risk, impact on credit products
Dan Costin NIŢESCU
- Financial stability, monetary policy and budgetary
coordination in EMU
Claudiu Tiberiu ALBULESCU
- Central Bank independence
Vasile DEDU
Tiberiu STOICA
- Re(De)-Forming public administration:
an expert outlook on reform planning in Romania
Diana-Camelia IANCU
- The economic crisis – implications on methods
and instruments used in quality of life studies
Mihaela CONSTANTINESCU
- Effects of interest rate, exchange rate and their
volatilities on stock prices: evidence from banking
industry of Pakistan
Syed Tehseen JAWAID
Anwar Ul HAQ
