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dc.contributor.authorMakin, Tony
dc.contributor.authorArora, Rashmi
dc.date.accessioned2017-05-03T15:46:25Z
dc.date.available2017-05-03T15:46:25Z
dc.date.issued2012
dc.date.modified2014-09-17T22:30:58Z
dc.identifier.issn15239721
dc.identifier.urihttp://hdl.handle.net/10072/49624
dc.description.abstractThe consolidated measures of budget deficits and public debt levels for India's central and state governments are well above the average of other emerging economies. In contrast to previous studies of India's budgetary position, which focus on the central government's budg-et, this paper examines fiscal sustainability at the level of India's states, which differ widely in terms of their level of economic development. After comparing fiscal performance in the states, key formulae for examining public debt sustainability at the sub-national level in India are derived. These formulae are then applied, firstly to identify states where public debt has stabilized as a percent of Gross State Domestic Product, and secondly to gauge the size of the primary budget balances needed to achieve a 25% public debt to GSDP ratio within three, five and ten year horizons.
dc.description.peerreviewedYes
dc.description.publicationstatusYes
dc.format.extent510782 bytes
dc.format.mimetypeapplication/pdf
dc.languageEnglish
dc.language.isoeng
dc.publisherSouthern Public Administration Education Foundation
dc.publisher.placeUnited States
dc.publisher.urihttp://spaef.com/pfm.php
dc.relation.ispartofstudentpublicationN
dc.relation.ispartofpagefrom350
dc.relation.ispartofpageto367
dc.relation.ispartofissue4
dc.relation.ispartofjournalPublic Finance and Management
dc.relation.ispartofvolume12
dc.rights.retentionY
dc.subject.fieldofresearchPublic Economics- Taxation and Revenue
dc.subject.fieldofresearchApplied Economics
dc.subject.fieldofresearchcode140215
dc.subject.fieldofresearchcode1402
dc.titleFiscal Sustainability in India at State level
dc.typeJournal article
dc.type.descriptionC1 - Articles
dc.type.codeC - Journal Articles
gro.facultyGriffith Business School, Department of Accounting, Finance and Economics
gro.rights.copyright© 2012 Southern Public Administration Education Foundation. The attached file is reproduced here in accordance with the copyright policy of the publisher. Please refer to the journal's website for access to the definitive, published version.
gro.date.issued2012
gro.hasfulltextFull Text
gro.griffith.authorMakin, Tony J.
gro.griffith.authorArora, Rashmi U.


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