A test of the Wagner's hypothesis for the Fiji Islands Narayan, Paresh Kumar, Prasad, Arti and Singh, Baljeet 2008, A test of the Wagner's hypothesis for the Fiji Islands, Applied economics, vol. 40, no. 21, pp. 2793-2801, doi: 10.1080/00036840600972472. Attached Files Name Description MIMEType Size Downloads Title A test of the Wagner's hypothesis for the Fiji Islands Author(s) Narayan, Paresh Kumar Prasad, Arti Singh, Baljeet Journal name Applied economics Volume number 40 Issue number 21 Start page 2793 End page 2801 Publisher Routledge Place of publication London, England Publication date 2008-11 ISSN 0003-6846 1466-4283 Summary In this article we examine Wagner's law for Fiji for the period 1970 to 2002. Using the Johansen (1988) test for cointegration, we find one cointegration relationship between national output and government expenditure. Using five different long run estimators, we find robust results on the impact of national income on government expenditure. The elasticity ranges from 1.36 to 1.44, implying that a 1% increase in income leads to a 1.36-1.44% increase in government expenditure. Moreover, we find that in the long run national income Granger causes government expenditure. While these results are consistent with Wagner's law, we warn policy makers that because Fiji's total debt stands at around 69% of GDP, in future the bulk of expenditure will go towards debt financing at the expense of productive sectors. Language eng DOI 10.1080/00036840600972472 Field of Research 140299 Applied Economics not elsewhere classified HERDC Research category C1 Refereed article in a scholarly journal HERDC collection year 2008 Copyright notice ©2008, Taylor & Francis Persistent URL http://hdl.handle.net/10536/DRO/DU:30017865 Document type: Journal Article Collection: School of Accounting, Economics and Finance Related Links Link Description Connect to published version (restricted access) Go to link with your DU access privileges     Unless expressly stated otherwise, the copyright for items in DRO is owned by the author, with all rights reserved. Versions Version Filter Type Fri, 14 Aug 2009, 13:58:05 EST Wed, 09 Sep 2009, 11:00:30 EST Wed, 09 Sep 2009, 11:01:44 EST Wed, 09 Sep 2009, 11:02:20 EST Mon, 16 Jun 2014, 12:18:24 EST Thu, 11 Dec 2014, 16:09:59 EST Filtered Full Citation counts:   Cited 4 times in TR Web of Science Cited 6 times in Scopus Search Google Scholar Access Statistics: 584 Abstract Views, 1 File Downloads  -  Detailed Statistics Created: Fri, 14 Aug 2009, 13:58:05 EST

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