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Using panel data models, we analyze the flypaper effects — whether intergovernmental fiscal transfers or states’ own income determine expenditure commitments — on ecological fiscal spending in India. The econometric results show that the unconditional fiscal transfers, rather than the...
Persistent link: https://www.econbiz.de/10013216701
The paper examines public expenditures and their effects on economic growth. For that purpose we choose four categories of expenditures, defence, infrastructure, human capital and R & D expenditures. Behind these expenditures stands, in socio-political consideration, a certain notion of the...
Persistent link: https://www.econbiz.de/10011574325
Using panel data models, we analyze the flypaper effects-whether intergovernmental fiscal transfers or states' own income determine expenditure commitments - on ecological fiscal spending in India. The econometric results show that the unconditional fiscal transfers, rather than the states' own...
Persistent link: https://www.econbiz.de/10012583738
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Public financial management (PFM) has a significant role in linking resources to results by financing human development outcomes. When economic stimulus packages are short run in nature, thematic PFM, such as child budgeting, has a crucial role in reducing crime against children. Using fixed...
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