Artikel
A test of Wagner's hypothesis for the Ghanaian economy
The economy of Ghana profiles a trajectory of increasing government expenditure at the backdrop of an inconsistent growth in real GDP. Thus, this study explores the causal relationship between real economic growth and real government expenditure in Ghana between the period 1960 to 2017. The Johansen (1991, 1995) cointegration method, the Autoregressive Distributed Lag bounds test approach and the Toda-Yamamoto non-Granger causality test are employed in this study. The findings are that the variables are cointegrated, and there is no Granger causality from real economic growth to real government expenditure. In effect, the causality shows that the Wagner's hypothesis does not hold in the case of the Ghanaian economy and that the Keynesian theoretical standpoint that public expenditure is an exogenous factor is not deflated in this case.
- Sprache
-
Englisch
- Erschienen in
-
Journal: Cogent Business & Management ; ISSN: 2331-1975 ; Volume: 6 ; Year: 2019 ; Pages: 1-12 ; Abingdon: Taylor & Francis
- Klassifikation
-
Management
- Thema
-
Wagner's hypothesis
economic growth
cointegration
Granger causality
autoregressive distributed lag model
Ghana
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Gatsi, John Gartchie
Owusu Appiah, Michael
Gyan, Joseph Addo
- Ereignis
-
Veröffentlichung
- (wer)
-
Taylor & Francis
- (wo)
-
Abingdon
- (wann)
-
2019
- DOI
-
doi:10.1080/23311975.2019.1647773
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Gatsi, John Gartchie
- Owusu Appiah, Michael
- Gyan, Joseph Addo
- Taylor & Francis
Entstanden
- 2019
Ähnliche Objekte (12)
Do football teams learn from changing coaches? A test of the deceleration hypothesis
Corporate social responsibility and firm performance of Ghanaian SMEs: The role of stakeholder engagement
Corporate social responsibility and access to finance among Ghanaian SMEs: The role of stakeholder engagement
Mobility sharing economy in Shanghai
Dimensions of organisational leadership and organisational citizenship behaviour in Ghanaian workplaces
Supply-side factors and uptake of insurance products among Ghanaian households
Spirituality of unity in management - Economy of Communion
Nonparametric performance hypothesis testing with the information ratio
Does the green economy really foster food security in Sub-Saharan Africa?
Competitive advantage and internationalization of a circular economy model in apparel multinationals
Homeowner associations and sharing economy innovations: Empowering taxpayers while fostering citizen participation
Veni vidi VC – the backend of the digital economy and its political making
Do football teams learn from changing coaches? A test of the deceleration hypothesis
Corporate social responsibility and firm performance of Ghanaian SMEs: The role of stakeholder engagement
Corporate social responsibility and access to finance among Ghanaian SMEs: The role of stakeholder engagement
Mobility sharing economy in Shanghai
Dimensions of organisational leadership and organisational citizenship behaviour in Ghanaian workplaces
Supply-side factors and uptake of insurance products among Ghanaian households
Spirituality of unity in management - Economy of Communion
Nonparametric performance hypothesis testing with the information ratio
Does the green economy really foster food security in Sub-Saharan Africa?
Competitive advantage and internationalization of a circular economy model in apparel multinationals
Homeowner associations and sharing economy innovations: Empowering taxpayers while fostering citizen participation
Veni vidi VC – the backend of the digital economy and its political making
Do football teams learn from changing coaches? A test of the deceleration hypothesis
Corporate social responsibility and firm performance of Ghanaian SMEs: The role of stakeholder engagement
Corporate social responsibility and access to finance among Ghanaian SMEs: The role of stakeholder engagement
Mobility sharing economy in Shanghai
Dimensions of organisational leadership and organisational citizenship behaviour in Ghanaian workplaces
Supply-side factors and uptake of insurance products among Ghanaian households
Spirituality of unity in management - Economy of Communion
Nonparametric performance hypothesis testing with the information ratio
Does the green economy really foster food security in Sub-Saharan Africa?
Competitive advantage and internationalization of a circular economy model in apparel multinationals
Homeowner associations and sharing economy innovations: Empowering taxpayers while fostering citizen participation