000			01549nam a22001577a 4500
999			_c520950 _d520950
008			221206b ||||| |||| 00| 0 eng d
100			_aDarshini, J. S. and Gayithri, K. _935684
245			_aFederal transfers and states’ own spending on development activities in fiscal federalism in India
260			_aEconomic & Political Weekly
300			_a57(36), Sep, 3, 2022: p.49-56
520			_aIntergovernmental transfers play an instrumental role in shaping the fiscal adjustments and fiscal performance at the subnational level in a federal system like India. Research evidence bears out substitutive or stimulatory effects of federal transfers depending on the nature of transfers. Taking into account the conditional and unconditional transfers, this paper empirically verifies the presence of substitution or stimulation effects on the state-level development spending for 14 major states. The panel cross-sectional–autoregressive distributed lag model test results revealed the area- and sector-specific conditional transfers being stimulative in nature, encouraging states to complement central transfers using their own sources of revenue, while the same is absent for unconditional transfers. Besides, the paper brings out the influence of identity-politics, pre-election tactics, and tactical redistribution to enhance political mileage. – Reproduced
650			_aIntergovernmental transfers, Federal system, Fiscal federalism _935685
773			_aEconomic & Political Weekly
906			_aFISCAL FEDERALISM
942			_cAR