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Chikkathimme Gowda, H. R.
- Impact of Fiscal Deficit on Economic Growth in India:A Cointegration Analysis
Authors
1 Department of Agricultural Economics, University of Agricultural Sciences, G.K.V.K., Bengaluru (Karnataka), IN
2 Department of Agricultural Economics, Indian Agriculture Research Institute, New Delhi, IN
3 National Institute of Veterinary Epidemiology and Disease Informatics, Bengalurum (Karnataka), IN
4 University of Agricultural Sciences, G.K.V.K., Bengaluru (Karnataka), IN
Source
International Research Journal of Agricultural Economics and Statistics, Vol 8, No 1 (2017), Pagination: 96-99Abstract
Objectives: To investigate the long run and short run relationship between fiscal deficit and economic growth in Indian economy.
Methods and statistical analysis: The study is based on secondary data; objective of the study is examined using time series data from the period 1980-81 to 2013-14.
Findings: The Johansen methodology concludes an existence of a one cointegrating relationship among gross domestic product, fiscal deficit, gross domestic capital formation and employment. The finding of the study indicates that one per cent increase in fiscal deficit is likely to decrease Gross domestic product by 0.618609 thus, it shows there is a negative relationship between Gross domestic product and fiscal deficit in the long run. But the Vector Error Correction model discards the short run relationship between fiscal deficit and economic growth.
Application/ improvements: Fiscal deficit hampered the economic growth in the long run hence gap between the government revenue and government expenditure should be minimized.
Keywords
Economic Growth, Fiscal Deficit, Gross Domestic Product, Gross Domestic Capital Formation, Employment.
References
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- Determinants of Migration of Farmers:The Case of Sira Taluk in Karnataka
Authors
1 Department of Agricultural Economics, University of Agricultural Sciences, Bengaluru (Karnataka), IN
2 University of Agricultural Sciences, G.K.V.K., Bengaluru (Karnataka), IN
Source
International Research Journal of Agricultural Economics and Statistics, Vol 8, No 2 (2017), Pagination: 305-309Abstract
A research study was undertaken in Sira Taluk of Karnataka to find out the factors determining the decision of farm family members to migrate and to analyse the income distribution pattern among migrant members. Primary data collected from sample farm house holds was subjected to statistical analyses to study the income distribution and Logistic regression technique was used to determine the factors affecting the decision of farm family members to migrate. The research results revealed that 25 per cent of households reported to have migrant members and about five per cent reported migration of more than one family member. Rainfed farmers showed higher tendencies to migrate (31.66%) than irrigated farmers (21.66%). Decision to migrate was affected positively by number of persons per family. Farm income had negative influence on migration in rainfed situation, whereas it was a insignificant factor in case of irrigated farmers.Keywords
Migration, Rainfed, Irrigated, Farm Income, Logistic Regression.References
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