Learning Resource and Development
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Public expenditure and economic growth : relationship revisited / Ranjan Kumar Panda and Aditya Kumar Patra.

By: Contributor(s): Material type: TextTextPublisher: New Delhi, India : SSDN Publishers and Distributors, 2021Edition: First editionDescription: vii, 126 pages ; 24 cmContent type:
  • text
Media type:
  • unmediated
Carrier type:
  • volume
ISBN:
  • 9789388950435
Subject(s): DDC classification:
  • 336.3 P192p
LOC classification:
  • HJ7890
Contents:
Introduction -- Fiscal health of odisha -- Public expenditure in odisha: growth, trend and composition -- Linkage between public expenditure and economic growth of odisha -- Summary and conclusion.
Summary: "The rising trend of public expenditure is a common phenomenon in modern times. The relationship between public expenditure and economic growth has been an ongoing debate in the literature of economic development. Two approaches are adopted on this issue, spearheaded by Wagner and Keynes with their apparently contradictory view points on the causal relationship. Wagner considered public expenditure will move in a positive direction with the growth of the economy, on the contrary, Keynes observed that causality runs from public expenditure to economic growth. Present work attempts to revisit the issue with the help of an empirical investigation." -- Back cover
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Holdings
Item type Current library Shelving location Call number Copy number Status Date due Barcode
Books Books Main Library Circulation Section CIR 336.3 P192p 2021 (Browse shelf(Opens below)) 1-2 Available 029616
Books Books Main Library Circulation Section CIR 336.3 P192p 2021 (Browse shelf(Opens below)) 2-2 Available 030699

Includes bibliographical references and index.

Introduction -- Fiscal health of odisha -- Public expenditure in odisha: growth, trend and composition -- Linkage between public expenditure and economic growth of odisha -- Summary and conclusion.

"The rising trend of public expenditure is a common phenomenon in modern times. The relationship between public expenditure and economic growth has been an ongoing debate in the literature of economic development. Two approaches are adopted on this issue, spearheaded by Wagner and Keynes with their apparently contradictory view points on the causal relationship. Wagner considered public expenditure will move in a positive direction with the growth of the economy, on the contrary, Keynes observed that causality runs from public expenditure to economic growth. Present work attempts to revisit the issue with the help of an empirical investigation." -- Back cover

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