The composition of public expenditure and economic growth in India: Evidence from auto regressive distributed lag approach

• Autores: Geetilaxmi Mohapatra, A K Giri
• Localización: Journal of economic research, ISSN 1226-4261, Vol. 21, Nº. 2, 2016, págs. 205-230
• Idioma: inglés
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• Resumen

  • The present study examines the role of various components of public expeditures on economic growth in India during the period from 1980-2013. The study used ARDL approach to examine the long run and the short run dynamic relationship. The VECM based Granger causality test is utilized to check the direction of causality.