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- Title
Testing the Buchanan-Wagner hypothesis: European evidence from panel unit root and cointegration tests.
- Authors
Christopoulos, Dimitris K.; Tsionas, Efthymios G.
- Abstract
Attempts to evaluate and draw conclusions from the Buchanan-Wagner hypothesis. Claim on the reduction of the perceived price of public goods due to the reduction of the public deficit; Application of time series techniques organized around panel unit root and panel integration; Relationship between government spending and government deficits; Implications for the productivity performance of the public sector.
- Subjects
ECONOMICS; PUBLIC goods; DEFICIT financing; GOVERNMENT spending policy
- Publication
Public Choice, 2003, Vol 115, Issue 3/4, p439
- ISSN
0048-5829
- Publication type
Article
- DOI
10.1023/A:1024213614689