This paper carries out a critical reappraisal of the two contending theories purporting to explain long-run government spending: Wagner’s Law and different variants of the ratchet effect. We analyze data spanning from the early 19 th century until the present day in Sweden and the United Kingdom. Hence, in contrast to previous studies, we evaluate the validity of Wagner’s Law and the ratchet ef...

The study investigated the impact of corporate income tax on government expenditure in Nigeria. Data tax, value added interest rate, gross domestic product, petroleum profit and consumer price index were collected used as independent variable while data public estimated model. ARDL bound test was applied result showed that have long run relationship is significant with expenditure. Other forms ...