Panda, Prasant Kumar; Nirmala, Velan - In: Economics Bulletin 33 (2013) 2, pp. 1229-1246
The paper examines the incentive effects of federal fiscal transfers on states' spending in India. To this end, a panel data set for 22 states for the period 1980-81 to 2004-05 is used; and fixed and random effect panel regression models are employed. Per capita resource transfers in channel...