INTERNATIONAL JOURNAL OF SCIENTIFIC DEVELOPMENT AND RESEARCH International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2455-2631 | Impact factor: 8.15 | ESTD Year: 2016
open access , Peer-reviewed, and Refereed Journals, Impact factor 8.15
Impact of Government Expenditure on the Economic Growth of India
Authors Name:
Jovi Varghese M.S.
Unique Id:
IJSDR1903030
Published In:
Volume 4 Issue 3, March-2019
Abstract:
The study aims at analysing the impact of government/ public expenditure on the economic growth of the country. The study considers three macroeconomic indicators for representing the economic growth of India namely GDP, GNI and NNI. The data used in the study is secondary data obtained from websites of the government of India and nationally recognized statistical organizations. The budget data collected has been classified under six heads/sectors based on their varied functions. The analysis has been carried out using Simple Linear Regression with the help of the SPSS software. The results from the analysis indicates that there exists a significant relationship between the total and sectoral government expenditures and each of the macroeconomic indicators. Based on the findings, the study concludes that public expenditure has a pronounced effect on the economic growth of the country.
Keywords:
GDP, GNI, NNI, government expenditure, economic growth
Cite Article:
"Impact of Government Expenditure on the Economic Growth of India", International Journal of Science & Engineering Development Research (www.ijsdr.org), ISSN:2455-2631, Vol.4, Issue 3, page no.174 - 179, March-2019, Available :http://www.ijsdr.org/papers/IJSDR1903030.pdf
Downloads:
000337070
Publication Details:
Published Paper ID: IJSDR1903030
Registration ID:190216
Published In: Volume 4 Issue 3, March-2019
DOI (Digital Object Identifier):
Page No: 174 - 179
Publisher: IJSDR | www.ijsdr.org
ISSN Number: 2455-2631
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