Series: IMF Working Papers
Author(s): Vito Tanzi , and Howell Zee
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 1995
Keywords: expenditure, government expenditure, per capita income, per capita income levels, wage expenditure
The present paper takes a fresh theoretical and empirical look into the relationship between Wagner’s law and economic development. It introduces human capital into a classic two-sector model of unbalanced g...