Fiscal Decentralization and Economic Growth: Evidence from Indian States

dc.contributor.author	Ganaie, Aadil Ahmad
dc.contributor.author	Bhat, Sajad Ahmad
dc.contributor.author	Kamaiah, Bandi
dc.contributor.author	Khan, N. A.
dc.date.accessioned	2022-03-27T02:10:07Z
dc.date.available	2022-03-27T02:10:07Z
dc.date.issued	2018-06-01
dc.description.abstract	This study examines the relationship between fiscal decentralization and economic growth in the case of India using panel data for 14 non-specialized states for the period 1981–2014. The results revealed from panel cointegration, and dynamic ordinary least squares (DOLS) framework indicate that spending decentralization has a positive and significant impact on the state domestic product. On the other hand, revenue decentralization has a negative and significant effect on state domestic product. The overall measure of fiscal decentralization is found positively associated with the state income. This study is consistent with the divergence hypothesis in opposite to convergence hypothesis of Oates (1972). JEL: E62, H71, H72.
dc.identifier.citation	South Asian Journal of Macroeconomics and Public Finance. v.7(1)
dc.identifier.issn	22779787
dc.identifier.uri	10.1177/2277978718760071
dc.identifier.uri	http://journals.sagepub.com/doi/10.1177/2277978718760071
dc.identifier.uri	https://dspace.uohyd.ac.in/handle/1/4848
dc.subject	DOLS
dc.subject	economic growth
dc.subject	Fiscal decentralization
dc.subject	India
dc.title	Fiscal Decentralization and Economic Growth: Evidence from Indian States
dc.type	Journal. Article
dspace.entity.type

Now showing 1 - 1 of 1