1
Assistant Professor of Economics at Ferdowsi University of Mashhad
2
Associate Professor of Economics at Ferdowsi University of Mashhad
3
Associate Professor of economics at Ferdowsi University of Mashhad
4
M.A. in Economics at Ferdowsi University of Mashhad
Abstract
The objective of this paper is to investigate the validity of Wagner’s law and the Keynesian view with regards to the relationship between the non-oil gross domestic product and the public sector size for the Iranian economy during the period of 1967-2007. Time series analysis techniques have been used which include unit root tests, cointegration tests and Hsiao causality test. The findings indicate that Wagner’s Law is confirmed in both the short-run and the long-run; whereas the Keynesian view is approved only in the short-run for Iran.
Khodaparast Mashhadi,M , Falahi,M A , Falahi,M A , Salimifar,M and Haghnejad,A . (2012). Validity of Wagnerâs law and the Keynesian View for the Iranian Economy A Time Series Analysis. Economic Research and Perspectives, 12(1), 87-112.
MLA
Khodaparast Mashhadi,M , , Falahi,M A , , Falahi,M A , , Salimifar,M , and Haghnejad,A . "Validity of Wagnerâs law and the Keynesian View for the Iranian Economy A Time Series Analysis", Economic Research and Perspectives, 12, 1, 2012, 87-112.
HARVARD
Khodaparast Mashhadi M, Falahi M A, Falahi M A, Salimifar M, Haghnejad A. (2012). 'Validity of Wagnerâs law and the Keynesian View for the Iranian Economy A Time Series Analysis', Economic Research and Perspectives, 12(1), pp. 87-112.
CHICAGO
M Khodaparast Mashhadi, M A Falahi, M A Falahi, M Salimifar and A Haghnejad, "Validity of Wagnerâs law and the Keynesian View for the Iranian Economy A Time Series Analysis," Economic Research and Perspectives, 12 1 (2012): 87-112,
VANCOUVER
Khodaparast Mashhadi M, Falahi M A, Falahi M A, Salimifar M, Haghnejad A. Validity of Wagnerâs law and the Keynesian View for the Iranian Economy A Time Series Analysis. Economic Research and Perspectives. 2012;12(1):87-112 (In Persian).
