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Wagner (1883), predicted that economic growth would be accompanied by an increase in state activity (growth of government Spending). Thus, the causality according to Wagner‟s law is running from economic growth to government spending. This study focuses on how relevant the theory postulated by...

This study investigated the impact of public investment on private investment and real output in Zambia, utilising time series data for the period 1980-2008. A Cointergrated Vector Autoregressive Model (VAR) was employed. Based on the existence of a long run Cointergrating relationship, the short...