Economics, Econometrics and Finance
4 years ago

Fiscal Policy Shocks Drive Indian Economy Growth and Inflation Rates

Zenodo (CERN European Organization for Nuclear Research)
Impact of Fiscal Policy Shocks on the Indian Economy
Rabia Najaf

Paper Summary

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The study looked at how fiscal policy affects the Indian economy from 1981 to 2010. They used different tests to analyze the data and found a long-term connection between GDP and other factors. Fiscal policy can impact inflation and control the fiscal deficit. The research shows that fiscal policy has a lasting impact on economic growth in India.