000			01267pab a2200205 454500
008			180718b2016 xxu||||| |||| 00| 0 eng d
100			_aBhagat, Sanjai
245			_aEconomic policy uncertainty and growth in India
260			_c2016
300			_ap.72-81.
362			_a27 Aug
520			_aA measure of economic policy uncertainty or EPU for India is constructed to study its impact on the economy. It is found that gross domestic product growth and fixed investment are negatively related to EPU in India. For instance, if the economic uncertainty were to decrease to the level observed in 2005, India's GDP growth would increase by 0.56%, and fixed investment growth would increase by 1.36%. Additionally, a negative correlation between the Bombay Stock Exchange index and EPU in India is observed, suggesting that increases in EPU lower expectations of future growth or increase perceived risk of listed stocks. Lastly, it is found that firm-level capital expenditure rates are lowered when EPU increases. - Reproduced.
650			_aEconomic growth - India
650			_aIndia - Economic policy
650			_aEconomic policy
700			_aRangan, Srinivasan
700			_aGhosh, Pulak
773			_aEconomic and Political Weekly
909			_a112151
999			_c112146 _d112146