Causality between government expenditure and economic growth in India An empirical investigation

By:

RAMPHUL

Material type:

Mixed materialsPublication details: 2013Description: 1275-1290Subject(s):

ECONOMIC GROWTH

NLM classification:

338.9

In: FINANCE INDIAMSummary: The study empirically investigates the casual relationship between public expenditure and economic growth in India using a vector autoregressive (VAR) model over the period 1950-2008. The johansen's coentegration thest finds that there is long runequilibrium relationship between governemnt expenditure and GDP. There is evidence of unidirectional causality running from governement expenditure to economic growth. The study finds no empirical support for the long growth in India.

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Holdings
Item type	Current library	Call number	Vol info	Status	Date due	Barcode
Periodicals/Magazines	SSCBS Library		26/4	Available		P14812

The study empirically investigates the casual relationship between public expenditure and economic growth in India using a vector autoregressive (VAR) model over the period 1950-2008. The johansen's coentegration thest finds that there is long runequilibrium relationship between governemnt expenditure and GDP. There is evidence of unidirectional causality running from governement expenditure to economic growth. The study finds no empirical support for the long growth in India.

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