Assessing the Impact of Public Infrastructure Investment on Economic Performance: the Case of India

Autor:	Gaurav Aakar, Vaibhav Agarwal, Varun Chotia
Jazyk:	English<br />French
Rok vydání:	2017
Předmět:	Public Infrastructure Investment Structural Vector Autoregression (SVAR) Stationarity Economic growth Business HF5001-6182 Economic theory. Demography HB1-3840
Zdroj:	Romanian Economic Journal, Vol XX, Iss 65, Pp 137-152 (2017)
Druh dokumentu:	article
ISSN:	1454-4296 2286-2056
Popis:	The objective of this paper is to analyze the effects of Public Infrastructure Investment on the economic performance of the Indian economy. We have employed a Structural Vector Autoregressive (SVAR) approach for estimation of linear interdependencies of India’s output. For this study, we have categorized four composite infrastructure sectors which encompass ten major sub sectors of infrastructure. The analysis emphasized that special focus should be paid on Infrastructure Investment in transport sub sector of infrastructure because of its maximum positive returns on output. The policy implications of the results will aid the government to counter the economic and budgetary dilemma.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/416301974ea8486c962be01f926556df Zobrazit plný text záznamu View record in DOAJ