If public expenditure and public revenue are I (0), public debt is sustainable, butif these are I (1) and not cointegrated or have a cointegrating vector differentfrom [1, -1], the public debt is said to be unsustainable. Extant work indicates that India's public debt is unsustainable. The...

This paper empirically investigates the distribution dynamics of resource allocation decisions across Diagnosis Related Groups (DRGs), in a continuing Prospective Payment System (PPS) . The theoretical literature suggests a PPS could lead to moral hazard effects, where hospitals have an...

The recent financial crisis in developed economies is attributed to the credit crunch and features of a free market economy. One main concern is the spreading of this crisis to emerging economies. This paper tests the importance of the banking sector as a credit transmission channel in India....

ABSTRACT This paper investigates the impact of sugar‐sweetened beverages (SSB) taxes on consumption, bodyweight and tax burden for low‐income, middle‐income and high‐income groups using an Almost Ideal Demand System and 2011 Household level scanner data. A significant contribution of our...

An increasing amount of empirical evidence suggests that patients with higher socioeconomic status wait less within publicly-funded hospitals to receive non-emergency (elective) surgery. Using data from Australia, we investigate the extent to which such gradient can be explained by sample...