Journal of Indian School of Political Economy

Swati Raju ¹

Affiliations
1 Department of Economics, University of Mumbai, Kalina, Mumbai-400098, IN

Abstract

The paper examines the money-deficit relationship by empirically estimating the Barro hypothesis, government expenditures rather than deficits influence money growth, for India over 1950-51 to 1997-98.

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Swati Raju ¹

Affiliations
1 Department of Economics, University of Mumbai, Vidyanagari, Kalina, Santa Cruz (E), Mumbai, IN

Abstract

This paper seeks to analyse the interdependence, if any, that exists between central government revenues and expenditures for 1950-51 to 2003-04 by studying the relationship between total receipts/tax receipts and an array of expenditure measures.

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