Series: IMF Working Papers
Author(s): Gabriela Inchauste , Bernardin Akitoby , Benedict Clements , and Sanjeev Gupta
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 October 2004
Keywords: Wagner&;amp;#x2019;s law, government spending, public spending, public finance, National Government Expenditures and Related Policies: General, National Budget, Deficit, and Debt: General,
We examine the short- and long-term movements of government spending relative to output in 51 countries. We find that in the short term, the main components of government spending increase with output in about half...