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dc.contributor.authorPermana, Yudistira Hendra
dc.contributor.authorWika, Gek Shinta Mas Jasmin
dc.date.accessioned2014-10-16T08:03:09Z
dc.date.available2014-10-16T08:03:09Z
dc.date.issued2014
dc.identifier.citationPermana, Y. H., & Wika, G. S. M. J. (2014). Testing the existence of wagner law and government expenditure volatility in indonesia post-reformation era. Journal of Economics and Sustainable Development , 5(10), 130-039. Retrieved from http://www.iiste.orgen_US
dc.identifier.urihttp://hdl.handle.net/123456789/489
dc.description.abstractAim of this study is to identify the existence of Wagner’s Law in Indonesia economy during post-reformation era. This study takes period sample of five regimes during 1999 – 2011, which are following: a) Development Reformation Regime; b) National Unity Regime; c) Mutual Cooperation Regime; d) Indonesia Unite I Regime; e) Indonesia Unite II Regime. In order to test the existence of Wagner’s Law, we also elaborate exogenous variable (tax revenue and population) as variable control. We find the result that Wagner Law did occur in post-reformation era by performing an ARDL co-integration model, yet volatility of government expenditure has to be captured. Hence, we run a GARCH model to estimate the volatility of government expenditure by elaborating the regime variable. The ARDL approach, causality test and co-integration test also support the existing ofen_US
dc.publisherJournal of Economics and Sustainable Development - Vol.5, No.10, 2014 - ISSN 2222-1700 (Paper) ISSN 2222-2855 (Online) – IISTEen_US
dc.subjectCo-integration, GARCH, Wagner Law, post-reformation regimesen_US
dc.titleTesting the Existence of Wagner Law and Government Expenditure Volatility in Indonesia Post-Reformation Eraen_US
dc.typeArticleen_US


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