Analysing Public Debt Asymmetries: Effect of Taxation and Government Spending on Public Debt in India between 2002- 2013
Journal Title: IOSR Journal of Humanities and Social Science - Year 2018, Vol 23, Issue 4
Abstract
The study aims to estimate the impact of fiscal policy on public debt for the period 2002 to 2013 in India. The study adopts a multiple linear regression model to analyse the impact of the independent variables, represented by government spending and tax revenue on the dependent variable represented by public debt for the above mentioned period. The model is subject to a test of hypotheses and the results are computed and analysed. The model suggests that increasing tax revenue and government expenditure will reduce the debt to GDP ratio as both parameters happen to be are inversely related with public debt. It also suggests the importance of expenditure being channelized effectively and productively, with the support of relevant economic literature to prove the theoretical validity of the model.
Authors and Affiliations
Raghav Mehra, Shivani Mehta
Keywords
Related Articles
- EP ID EP418613
- DOI 10.9790/0837-2304048594.
- Views 47
- Downloads 0
Water Resources Management and Health Related Problems in the Commune of Bonou
In the Oueme Valley, people do not have adequate access to safe drinking water and the quality of the waters from the non conventional sources is bad. Thissurvey aims to identify the ways water resources are managed and...
Impact of Parenting Styles on Social Skills of Adolescent Children in Urban Areas of Ludhiana, India
Background: Parenting style has an immense impact on the mental health and social development of children. Aims: The present study aims at determining the effects of different modes of parenting styles on the dimensions...
Ahamefula: The Logic of Unity and Identity (New Paradigm for African Leadership Development)
Plethora of arguments exist on the need to adopt and follow a logic that is independently African devoid of interruption and interjection in the leadership and management of African affairs and development. African conte...
Influence of Tax Saving Mitigation Strategies on Financial Performance of Flower Firms in Naivasha, Kenya
Tax expense is a significant cost to organizations. Organizations all over the world adopt tax planning strategies targeted at minimizing their tax liability without adversely affecting the overall financial liquidity of...
Sociological Understanding of The Interface Between Poverty And The Community: A Study of Mahashas of J&K, India
Understanding poverty is a major area in the study of social stratification and inequality. The reasons of poverty could not be evaluated by any uni-dimensional approach, rather it requires overall holistic approaches to...