Abstract
This paper examines the relationship between public expenditure and a number of socio‐economic variables, including the level of income, in Kuwait. The paper derives a general form of the public expenditure function, which is estimated using the ordinary least squares method. Given the characteristics of the economy, alternative measures for each variable are used. The analysis in the paper is based on time‐series data covering the period 1969/70‐94/95. The findings do not lend support to the validity of Wagner’s law in Kuwait. Some of the main factors that were found to have contributed to the growth in public expenditure are the economic structure, the degree of economic openness and financial development.
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