10.4225/03/5938f7a95b2ab
Narayan, Paresh Kumar
Paresh Kumar
Narayan
Nielsen, Ingrid
Ingrid
Nielsen
Smyth, Russell
Russell
Smyth
Panel Data, Cointegration, Causality and Wagner's Law: Empirical Evidence from Chinese Provinces
Monash University
2017
2006
monash:7039
1959.1/36480
2017-06-08 07:07:20
Journal contribution
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.