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Growth, Efficiency and Productivity of Government Expenditure in the state of Jammu and Kashmir

Samir Ul Hassan*, Biswambhara Mishra 

Department of Economics, North Eastern Hill University Shillong, Meghalaya, India, 793022 

Keywords: 

Expenditure, efficiency, growth, State income, development 

Abbreviations: 

NSDP: Net state Domestic product, CAGR: compound Annual Growth rate, OLS: Ordinary Least Square, ADF: Augmented Dickey-Fuller, PP: Phillips-Perron 


All Rights Reserved with Photon. Photon Ignitor: ISJN62974257D864110082017 


Citation: 

Hassan, S. Ul and Mishra B., 2017. Growth, Efficiency and Productivity of Government Expenditure in the state of Jammu and Kashmir. The Journal of Economics. Photon 116, 260-276 


Abstract 

In the face of a volatile fiscal situation, where the internal resource mobilization remains at the staggering end, a productive and efficient spending mechanism remains a very important economic tool to encourage social and physical infrastructure on one hand and economic growth in other hand. This paper is an attempt to analyze the growth and efficiency of government expenditure in the state of Jammu and Kashmir in order to ascertain how efficient and productive the spending system of state is. The paper uses different growth indicators followed by ADF regression analysis. The results show that the government expenditure in the state has increased enormously over last thirty years with an annual average growth rate of high magnitude along with wide range of fluctuation. Most of the expenditure over the years has been spent on activities like organs of the state, administrative services, security, salaries, pension law and order etc and comparatively, a meager amount has been spent on social and economic services. Further, the result indicates that the government expenditure on developmental activities of the state is less elastic with change in state income (NSDP) while as on other hand the expenditure is more elastic in those activities which are mostly related to non developmental expenditure which does not lead to economic and social development. Therefore there is need to find the determinants of government expenditure for clear understanding of factors responsible of this inefficiency








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a Pabna University of Science & Technology, Pabna-6600, Bangladesh 

b University of Rajshahi, Rajshahi-6205, Bangladesh


Bikash Chandra Ghosh, Md. Ataul Gani Osmani, Md. Elias Hossain are conferred with Michael Faraday Research Award-2015 in Economics


Keywords: Climate Change, Adaptation, MNL, Constraint, Factor Analysis, Bangladesh


Photon Ignitor: ISJN62974257D794128072015


Citation: Ghosh B.C., Osmani A.G., Hossain E., 2015. Determinants of Rice Farmers’ Preference for Adaptation Strategies and Constraints to Climate Change Adaption: Evidence from Rajshahi District in Bangladesh. The Journal of Economics. Photon 115, 248-259


Abstract: The agriculture sector of Bangladesh is negatively affected from climate change due to its high exposure to extreme events and low adaptive capacity. Thus this paper tries to examine the determinants of farmers’ preference for adaptation strategies and constraints to climate change adaption faced by the rice farmers’ in Rajshahi district, Bangladesh. Firm level micro data was obtained by conducting direct collaboration with 200 rice growers of Rajshahi district in the ending periods (between November and December) of 2014. The analytical technique involves inferential statistics like multinomial logit (MNL) model and factor analysis model. Results from the MNL model indicate that household size, age, education, sex, average distance, extension contact and access to credit, all have significant impact on the different adaption strategies. Whereas, factor analysis model specify that the major factors constraining farmers from adapting to climate change impacts are poor climate information, land, labour, credit, income constraints and high cost of input and irrigation facilities. This study provides track for policy makers in order to strengthen the adaptation strategies and to break the constraints of effective climate change adaption of farmers and guide policies accordingly.







Proposal for a creation of collateral system for microfinance sector: a tool for development and reduction of systemic risk


Czech University of Life Sciences 
Faculty of Tropical Agrisciences 
Department of Economics and Development

Student: Dipl. Kfm. Tomáš Hes 
Supervisor: Doc. Ing. Karel Srnec, CSc.

Prague, August 2013
Thesis, submitted in fulfillment of requirements for the PhD. degree


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