Impact of Deficit Financing and Trade Openness on Private Consumption in India
The Ricardian equivalence hypothesis claims that private consumption is neutral to the fiscal deficit and its mode of financing (debt vs tax). The study reinvestigates the Ricardian equivalence hypothesis in India by taking private consumption as the dependent variable, whereas government expenditu...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Russian Academy of Sciences, Institute of Economics of the Ural Branch
2023-12-01
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| Series: | Экономика региона |
| Subjects: | |
| Online Access: | https://economyofregions.org/ojs/index.php/er/article/view/347 |