Government fiscal spending and crowd-out of private investment: An empirical evidence for India

Purpose - The paper evaluates the crowding-in or crowding-out relationship between public and private investment in India, controlling fiscal and monetary variables. Methods - In a flexible accelerator theoretical framework, the paper estimates long and short-run investment dynamics, employing Aut...

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Bibliographic Details
Main Authors: Shiv Shankar, Pushpa Trivedi
Format: Article
Language:English
Published: Universitas Islam Indonesia 2021-04-01
Series:Economic Journal of Emerging Markets
Subjects:
Online Access:http://journal.uii.ac.id/JEP/article/view/18292