How much public debt is threshold in India?

被引:0
|
作者
Bal, Debi Prasad [1 ]
机构
[1] Birla Inst Technol & Sci, Dept Econ & Finance, Pilani Campus, Pilani, India
关键词
Public debt-to-GDP ratio; Genetic algorithm; Economic growth; C63; H68; O23; GENETIC ALGORITHM APPROACH; GOVERNMENT DEBT; ENERGY DEMAND; INVESTMENT; CORRUPTION; GROWTH; CURRENCY; IMPACT; TIME;
D O I
10.1007/s40847-023-00308-2
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 ; 020105 ; 03 ; 0303 ;
摘要
The study examines the threshold level of India's public debt from 1970 to 2019. The ARDL method finds that a country's public debt is driven mainly by its gross fiscal deficit, real interest rate, and economic growth. In addition, the ratio of public debt to GDP has been used by the genetic algorithm method. The findings show that the ratio of public debt to GDP must be at most 61-64% in India. According to the results of this study, economic development is boosted when the national debt falls below a threshold level. Therefore, the current idea of public debt is supported by modern theory on public debt.
引用
收藏
页数:15
相关论文
共 50 条
  • [1] HOW MUCH MEDICAL DEBT
    DICKINSON, FG
    [J]. JAMA-JOURNAL OF THE AMERICAN MEDICAL ASSOCIATION, 1953, 151 (03): : 243 - 243
  • [2] Convertible bonds: How much equity, how much debt?
    Arak, M
    Martin, LA
    [J]. FINANCIAL ANALYSTS JOURNAL, 2005, 61 (02) : 44 - 50
  • [3] Convertible bonds: How much equity, how much debt?: A comment
    Epstein, DM
    [J]. FINANCIAL ANALYSTS JOURNAL, 2006, 62 (01) : 13 - 14
  • [4] The increasing debt of medical students: How much is too much
    Marci, CD
    Roberts, TC
    [J]. JAMA-JOURNAL OF THE AMERICAN MEDICAL ASSOCIATION, 1998, 280 (21): : 1879 - 1880
  • [5] Is Public Debt a Burden for India?
    Bal, Debi Prasad
    Rath, Badri Narayan
    [J]. ECONOMIC PAPERS, 2016, 35 (02): : 184 - 201
  • [6] Estimation of Malaysia Public Debt Threshold
    Kueh, Jerome
    Liew, Venus Khim-Sen
    Yong, Sze-Wei
    Abdullah, Muhammad Asraf
    [J]. PROCEEDINGS OF SECOND INTERNATIONAL CONFERENCE ON CONTEMPORARY ECONOMIC ISSUES: INTEGRATING HUMANS, SOCIETIES AND THE ENVIRONMENT FOR A SUSTAINABLE FUTURE, 2016, : 17 - 23
  • [7] HOW MUCH DEBT IS RIGHT FOR YOUR COMPANY
    PIPER, TR
    WEINHOLD, WA
    [J]. HARVARD BUSINESS REVIEW, 1982, 60 (04) : 106 - 114
  • [8] HOW MUCH DEBT CAN WE CARRY
    WELLS, RC
    NEUMAN, DF
    [J]. DAIRY HERD MANAGEMENT, 1979, 16 (04): : 42 - &
  • [9] How Much Does It Cost for a Surgical ICU Bed in a Public Hospital in India
    Singh, Thean
    Pillai, Jawahar S. K.
    Sahoo, Mukunda C.
    [J]. RISK MANAGEMENT AND HEALTHCARE POLICY, 2021, 14 : 4149 - 4154
  • [10] Defining malnutrition in India: how much is too little, how much is too much?
    Chakraborty, Raja
    Bose, Kaushik
    [J]. CURRENT SCIENCE, 2014, 106 (05): : 670 - 672