Past literature has examined the importance of farm programs on the volatility and returns on general and agriculture economic growth. The objective of this study was to assess the impact of farm program payments on technical efficiency. The study used aggregate state level panel data from the...

Wagner’s Law is the first model of public spending in the history of public finance. Wagner’s ‘law’ of expanding state activity, is the proposition that there is a long run propensity for government expenditure to grow relative to national income. This paper tests Wagner’s Law for...

Inclusive Growth as the literal meaning of the two words refers to both the pace and the pattern of the economic growth. The Inclusive Growth approach takes a long term perspective as the focus is on productive employment rather than on direct income distribution, as a means of increasing...