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http://hdl.handle.net/11422/16740| Type: | Relatório |
| Title: | Wagner's Law in the Brazilian Economy: a Disaggregated Analysis |
| Author(s)/Inventor(s): | Nakane, Márcio Issao Resende, Marcelo |
| Abstract: | O artigo investiga empiricamente a validade da lei de Wagner para a economiabrasileira, tomando comoreferéncia o perfodo 1948-93. Considera-se explicitamente a nao estacionariedade das séries envolvidas por meio de uma analise de cointegracao. O estudo considera categorias desagregadas de dispéndios governamentais, especificamente consumo, investimento e pagamentos de transferéncias. Somente no caso dos pagamentos de transferéncias encontra-se evidéncia favoravel a lei de Wagner. |
| Abstract: | The paper empirically investigates the validity of Wagner’s law for the Brazilian economy, taking as reference the period 1948-93. One explicitly consider the nonstationarity of the series involved by means of a cointegration analysis. The study considers disaggregated categories of government expenditures, specifically consumption, investment and transfer payments. Only in the case of transfer payments one can find favorable evidence for Wagner's law. |
| Keywords: | Lei de Wagner Economia Brasil |
| Subject CNPq: | CNPQ::CIENCIAS SOCIAIS APLICADAS::ECONOMIA |
| Production unit: | UFRJ::Centro de Ciências Jurídicas e Econômicas::Instituto de Economia |
| Publisher: | Universidade Federal do Rio de Janeiro |
| In: | Texto para discussão |
| Issue: | 393 |
| Issue Date: | Jun-1997 |
| Publisher country: | Brasil |
| Language: | eng |
| Right access: | Acesso Aberto |
| Citation: | NAKANE, Márcio Issao; RESENDE, Marcelo. Wagner's Law in the Brazilian Economy:a Disaggregated Analysis. Rio de Janeiro : Universidade Federal do Rio de Janeiro, 1997. 22 p. (Texto para discussão; n. 393). |
| Appears in Collections: | Relatórios |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| MINakane.pdf | 2.21 MB | Adobe PDF | View/Open |
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