Estimating the Impact of Welfare Programs on Agricultural Output : Evidence from India
Abstract Rural welfare programs are implemented for a variety of reasons. However, of key importance is to understand how government spending under such programs affects local agricultural output which is a key measure of economic activity in developing economies. This article estimates the local multiplicative effects of transfer spending by the government using a novel data-set of state-level expenditure under rural welfare programs in India. Using government records as narrative evidence, I use the motivation to implement new programs at the national level to construct changes in transfer spending that are largely exogenous to fluctuations in agricultural output at the state level. I estimate local multipliers using this “narrative shock series” and find government transfers to be quite consequential for local economic activity.
Year of publication: |
2019
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Authors: | Bahal, Girish |
Published in: |
American Journal of Agricultural Economics. - Wiley, ISSN 1467-8276, ZDB-ID 2026345-4. - 2019 (28.08.)
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Publisher: |
Wiley |
Saved in:
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