The paper deals with the relationship between public spending and growth as well dynamics of ratio debt to GDP. authors show that a composition favors productive expenditures, is, those direct positive effect on economy's long-run rate growth, can determine situation in which GDP is stable, even though government runs primary deficits. We test our theoretical results by considering Indian case....

This paper proposes a theory of optimal public expenditure when unemployment is inefficient. The theory is based on a matching model. Optimal public expenditure deviates from the Samuelson rule to reduce the unemployment gap (the gap between the current and efficient rates of unemployment). Such optimal “stimulus spending” is described by a formula expressed with estimable sufficient statistics...

The poor quality and effectiveness of much of government expenditure in India makes it important to analyze ways of improving effectiveness through institutional reform. Improvements in outcomes include better targeting of redistributive measures and more efficient spending on productive projects. Four potential areas of institutional reform are: (1) improved functioning of individual ministrie...

BACKGROUND Leprosy is a major public health problem in many low and middle income countries, especially in India, and contributes considerably to the global burden of the disease. Leprosy and poverty are closely associated, and therefore the economic burden of leprosy is a concern. However, evidence on patient's expenditure is scarce. In this study, we estimate the expenditure in primary care (...

This paper responds to the development policy debate involving the World Bank and the IMF on the use of fiscal policy not only for economic stabilization but also to promote growth and the increase of per capita income. A key issue in this debate relates to the effect of the composition of public expenditure, and its financing, on economic growth. The current paper lays out a research strategy ...

OBJECTIVE To analyze whether the changes observed in the level and distribution of resources for maternal health and family planning (MHFP) programs from 2003 to 2012 were consistent with the financial goals of the related policies. MATERIALS AND METHODS A longitudinal descriptive analysis of the Mexican Reproductive Health Subaccounts 2003-2012 was performed by financing scheme and health fu...

This study examines the extent to which increased public mental health expenditures lead to a reduction in jail populations and computes the associated intersystem return on investment (ROI). We analyze unique panel data on 44 U.S. states and D.C. for years 2001-2009. To isolate the intersystem spillover effect, we exploit variations across states and over time within states in per capita publi...