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Book Cover for: Public Expenditure, Inflation, and Growth: A Macro-Econometric Analysis, B. B. Bhattacharya

Public Expenditure, Inflation, and Growth: A Macro-Econometric Analysis

B. B. Bhattacharya

The trade-off between inflation and growth is a major issue in economics, and in developing countries the problem arises mainly as a result of the dual roles played by public expenditure--which generates income and employment--and deficit financing--which triggers inflation. In this empirical analysis of the issues involved, the author uses a disaggregated macro-economic model specially developed for the mixed economy of India to discuss government budgetary constraints, resource mobilization, money supply and price levels, investment and growth, and price-wage spirals in the Indian economy.

Book Details

  • Publisher: Oxford University Press, USA
  • Publish Date: Apr 4th, 1985
  • Pages: 250
  • Language: English
  • Dimensions: 0.00in - 0.00in - 0.00in - 0.00lb
  • EAN: 9780195617139
  • Categories: Economics - MacroeconomicsLinguistics - GeneralAsia - Southeast Asia