Revenue-expenditure Nexus for Southern States: Some Policy Oriented Econometric Observations
نویسندگان
چکیده
The paper examines the temporal relationship between revenues and expenditures for the four southern states during 1980 to 2005. Using an error-correction model and Granger causality test, it finds that the taxspend hypothesis is supported by the analsysis. The spend-tax hypothesis is valid for Karnataka; fiscal synchronization hypothesis is supported for Andhra Pradesh and Kerala, while the data for Tamil Nadu failed to show any causality.
منابع مشابه
Does an Economic and Political Affairs Matter in Determining the Tax Revenue of Jammu and Kashmir State (India): An Approach through VECM Model
T he state of Jammu & Kashmir is one of the special category states of India, that faces a severe resource crunch on the one hand and an explosive public expenditure trend on the other hand. The inability of the state government to raise adequate resources of its own cast’s serious doubt about the tax efforts carried out by the government from time to time. Against this background, t...
متن کاملAssessment and Measurement of Fiscal Condition Index for Iran
This paper presents a framework for assessing the fiscal condition index (FCI) and develops a concept to assess fiscal condition of governments and implements it into Iran government as an oil exporting country. The concept consists of four dimensions -revenue, expenditure, budget balance, and debt structure-and each dimension has its own indicators. There are seven indicators examined namely ...
متن کاملThe Impact of Oil Export Earnings on Government Income and Expenditure: A Policy Implication on Sustainable Development of the Nigerian Economy
T his study examines the effect of oil fluctuation export earnings on government income and expenditure in Nigeria using a time series data from 1986 to 2015. The study utilized co-integration techniques and ordinary least square as the methods of analyses. The co-integration tests indicate the existence of a long-run equilibrium relationship between oil...
متن کاملFiscal Policy and Poverty Reduction in Some Selected Sub-Saharan Africa Countries
The equally uncharacterized nature of government role in Sub Saharan African (SSA) region on the issue of poverty reduction have surged the modest research of this study. The issue on poverty is a continuous cause and need remedies so much and fast. This study examined the effect of fiscal policy on poverty reduction in Sub-Saharan Africa from 1999 to 2016. Pool Mean Group (PMG) was employed to...
متن کاملThe Plain Truth about Plain Packaging: An Econometric Analysis of the Australian 2011 Tobacco Plain Packaging Act
From December 2012 standardised packaging for tobacco products – known as ‘plain packaging’ – has been mandatory in Australia. This paper evaluates the preliminary evidence – in the form of ABS household expenditure on tobacco data – to establish whether the policy has been successful. Despite our econometric efforts, the data refused to yield any indication this policy has been successful; the...
متن کامل