财政政策与经济发展:印度的区域分析

Q4 Business, Management and Accounting

International Journal of Business and Globalisation Pub Date : 2023-01-01 DOI:10.1504/ijbg.2023.133710

Ashwani Bishnoi

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引用次数: 0

摘要

在过去十年中，各国积极使用财政政策来保护其经济免受不利的经济冲击。本研究对过去二十年来印度各地区为管理其宏观经济环境而实行的财政政策进行了比较分析。研究还旨在实证地确立财政政策对经济发展的作用。为此，对2004-2005年至2016-2017年期间印度16个邦的面板数据进行了GMM估计。在财政措施方面，安得拉邦、喜马偕尔邦、喀拉拉邦和西孟加拉邦等邦的财政赤字较高，而马哈拉施特拉邦、奥里萨邦、古吉拉特邦、果阿邦和拉贾斯坦邦的财政赤字可以维持在远低于经济规模3%的门槛水平。在财政政策对经济发展作用的实证估计方面，研究得出了财政措施对经济发展的促进作用。

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Fiscal policy and economic development: regional analysis for India

In the past decade, fiscal policy has been actively used by countries to safeguard their economies from adverse economic shocks. The present study brings a comparative analysis of fiscal policies practiced by Indian regions in the past two decades for managing their macroeconomic environment. Study also aims to empirically establish the role of fiscal policy towards economic development. For the purpose, GMM estimation is carried out for a panel data of 16 Indian states ranging from 2004-2005 to 2016-2017. With regard to fiscal measures, the states such as Andhra Pradesh, Himachal Pradesh, Kerala, and West Bengal are observed for higher deficit whereas Maharashtra, Orissa, Gujarat, Goa and Rajasthan could maintain the fiscal deficit well below the threshold level of 3% of the economic size. In terms of empirical estimation for role of fiscal policy on economic development, the study produces the contributory role of fiscal measures on development.

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来源期刊

International Journal of Business and Globalisation Business, Management and Accounting-Business, Management and Accounting (all)

CiteScore

0.70

自引率

0.00%

发文量

期刊介绍： IJBG proposes and fosters discussion on various aspects of business and globalisation, including the physical environment and poverty. Topics covered include: - Internationalisation of SMEs - Cross-cultural business - Globalisation and poverty - Business ethics in the global environment - Emerging economies - Immigrant minorities in business - Indigenous enterprises and the global economy - International tourism - Eco-tourism - Sustainable development - Environmental degradation - The impact of oil and gas - Human mobility in a globalised world - Competition in a global economy - Localisation/glocalisation strategies within contemporary globalisation.