Causal Relationship between Government Spending and Economic Growth in Rajasthan : A Toda - Yamamoto Approach (Record no. 51456)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 02010nam a2200229 4500 |
| 003 - CONTROL NUMBER IDENTIFIER | |
| control field | OSt |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20190614170257.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 190614b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Kaur, Kirandeep |
| 9 (RLIN) | 33773 |
| 245 ## - TITLE STATEMENT | |
| Title | Causal Relationship between Government Spending and Economic Growth in Rajasthan : A Toda - Yamamoto Approach |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 10-22 p. |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | This paper examined the causal link between state government expenditure and net state domestic product of Rajasthan. The study tested the six versions of the Wagner law of state expenditure utilizing the annual time-series data of 44 years from 1970-71 to 2013-2014. The ARDL Model and Toda-Yamamoto approach were applied after testing the stochastic properties of the variables to analyze the long-run equilibrium relationship for all the six versions of the Wagner Law. The empirical results of the ARDL model asserted that there was no long-run relationship between public expenditure and economic growth. However, the results of the Toda-Yamamoto approach indicated that Peacock and Guffman versions were valid for Rajasthan. The findings of the causality analysis revealed that there was unidirectional causality from state government expenditure to net state domestic product and from state government expenditure to per-capita net state domestic product. The study concluded that the Rajasthan economy follows the Keynesian hypothesis of public expenditure and the public expenditure is the causal factor for the growth of net state domestic product in the state. |
| 653 ## - INDEX TERM--UNCONTROLLED | |
| Uncontrolled term | Wagner's Law, |
| Uncontrolled term | Causality, |
| Uncontrolled term | Public Expenditure, |
| Uncontrolled term | Net State Domestic Product, |
| Uncontrolled term | ARDL Model |
| Uncontrolled term | Toda-Yamamoto Approach |
| 700 ## - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Mishra, Onkar Nath |
| 9 (RLIN) | 33774 |
| 773 0# - HOST ITEM ENTRY | |
| Host Biblionumber | 51393 |
| Host Itemnumber | 74737 |
| Main entry heading | Gilani, S. |
| Place, publisher, and date of publication | New Delhi Arthshastra Indian Journal of Economics and Research 2012 |
| Other item identifier | 5556910 |
| Title | Arthshastra Indian Journal of Economics and Research Vol 6 (1-6) |
| International Standard Serial Number | 2278-1811 |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Source of classification or shelving scheme | Dewey Decimal Classification |
| Koha item type | Journal Article |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Home library | Current library | Date acquired | Total Checkouts | Full call number | Barcode | Date last seen | Price effective from |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dewey Decimal Classification | Main Library | Main Library | 14/06/2019 | Vol 6, No 1/ 5556910JA1 | 5556910JA1 | 14/06/2019 | 14/06/2019 |