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This paper studies the phenomenon of service-led growth in India over the past two decades from the perspective of household expenditure. We use consumption expenditure data from four recent "thick" rounds of the National Sample Survey in 1993-94, 2004-05, 2009-10 and 2011-12, and study...
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Asia countries. Panel cointegrating regression uncovers a significantly positive elasticity of substitution between … government and private consumption, implying on average government and private consumption are substitutes in East Asia. Country …
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Asia countries. Panel cointegrating regression uncovers a significantly positive elasticity of substitution between … government and private consumption, implying on average government and private consumption are substitutes in East Asia. Country …
Persistent link: https://www.econbiz.de/10012466233
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