Comparative Study

Open Access

|

Peer-reviewed

An Analytical Study on Public Expenditure and Economic Growth

Aashutosh Sharma

DIP: 18.02.015/20220703

DOI: 10.25215/2455/0703015

Received: April 10, 2022; Revision Received: June 15, 2022; Accepted: June 25, 2022

Abstract

The current study only uses secondary data in its analysis. The study’s goal is to find out how government expenditure affects the economic growth of India. GDP was treated as the dependent variable, whereas government expenditure was treated as an independent variable. The impact of an independent variable on a dependent variable was examined using regression analysis. The period from 2001–02 to 2018–19 was selected to examine patterns in both economic growth and government expenditures. According to the study, government spending has a significant effect on India’s economic growth. According to the study, an increase in government expenditure of one-unit results in a 0.99% increase in GDP growth. This is because public expenditure creates multiple effects in an economy.

The authors profoundly appreciate all the people who have successfully contributed to ensuring this paper in place. Their contributions are acknowledged however their names cannot be mentioned.

The author declared no conflict of interest.

This is an Open Access Research distributed under the terms of the Creative Commons Attribution License (www.creativecommons.org/licenses/by/2.0), which permits unrestricted use, distribution, and reproduction in any Medium, provided the original work is properly cited.

Responding Author Information

Aashutosh Sharma @ ats15192@gmail.com

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An Analytical Study on Public Expenditure and Economic Growth

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Article Overview

ISSN 2455-670X

DIP: 18.02.015/20220703

DOI: 10.25215/2455/0703015

Published in

Volume 07 Issue 3, July– September, 2022

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