Fiscal autonomy and public expenditure performance: Some panel-data evidence from Indian states

IF 0.8 4区经济学 Q3 ECONOMICS

Bulletin of Economic Research Pub Date : 2024-07-16 DOI:10.1111/boer.12460

Avipsa Mohanty, Dinabandhu Sethi, Asit Ranjan Mohanty

引用次数: 0

Abstract

This study examines the impact of fiscal autonomy (FAP) on public expenditure performance across 18 Indian states from 2010–11 to 2019–20. We develop a measure of public expenditure performance using social indicators. We also measure FAP using revenue-expenditure ratio. Based on system generalized method of moments, the empirical result confirms that a higher FAP given to Indian states is associated with greater fiscal performance. Further, the robustness check reveals that central transfer insignificantly affects the expenditure performance of Indian states.

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财政自治与公共支出绩效：来自印度各邦的面板数据证据

本研究探讨了印度 18 个邦在 2010-11 年至 2019-20 年期间财政自治（FAP）对公共支出绩效的影响。我们使用社会指标来衡量公共支出绩效。我们还使用收入支出比来衡量 FAP。基于系统广义矩法，实证结果证实，给予印度各邦更高的 FAP 与更高的财政绩效相关。此外，稳健性检验显示，中央转移支付对印度各邦的支出绩效影响不大。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Bulletin of Economic Research ECONOMICS-

CiteScore

1.40

自引率

0.00%

发文量

期刊介绍： The Bulletin of Economic Research is an international journal publishing articles across the entire field of economics, econometrics and economic history. The Bulletin contains original theoretical, applied and empirical work which makes a substantial contribution to the subject and is of broad interest to economists. We welcome submissions in all fields and, with the Bulletin expanding in new areas, we particularly encourage submissions in the fields of experimental economics, financial econometrics and health economics. In addition to full-length articles the Bulletin publishes refereed shorter articles, notes and comments; authoritative survey articles in all areas of economics and special themed issues.