Tripathi, Praduymn K.; Grigoriadis, Theocharis - In: Asia and the global economy : AGE 3 (2023) 2, pp. 1-13
In this paper, we explore the effects of India's federal structure on state-level fiscal responsibility. Drawing from a 1991-2018 dataset, we argue that higher levels of transfer and borrowing dependence (soft budget constraints) from the central government facilitate lower levels of fiscal...
