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Original Article
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Assessing Keynesian and Wagnerian Hypotheses in India : Insights from a VAR Model
Dhyani Mehta, Priyanshu Chavda, Mandar Bhatt
· pp. 8–21
DOI: 10.17010/aijer/2026/v15i1/174432
Purpose : This study investigated the interrelationships between developmental expenditure (DE), non-developmental expenditure (NDE), and GDP in India. Motivated by ongoing debates on fiscal discipline and growth-oriented spending, the analysis aimed to understand how these key fiscal components interacted within …
Keywords:
GDP, Keynesian, Wagner’s hypothesis, FRBM, LPG reforms, VAR, India
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Original Article
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Income Elasticity of Professional Education Expenditure Across Socio-Economic Groups in India
Sarthak Bragta, Gyanendra Arya, Neha Verma
· pp. 22–37
DOI: 10.17010/aijer/2026/v15i1/175076
Purpose : Enrolment in professional education in India is highly dependent on the household's financial and economic capacity, which raises concerns about educational inequality. This study examined the relationship between household income and private expenditure on professional education in India, …
Keywords:
education expenditure, income quintiles, income elasticity, professional education, household consumption
03
Original Article
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Measuring Level of Financial Inclusion Across Selected North Eastern States and UT of J&K
Rayees Ahmad Hajam, Abdul Azeez N.P., Mudasir Rajab
· pp. 38–53
DOI: 10.17010/aijer/2026/v15i1/174819
Purpose : This study examined and compared the level of financial inclusion (FI) across the North-Eastern (NE) states of India and the Union Territory of Jammu and Kashmir (J&K). Methodology : The present study employed Sarma’s (2008) Index of Financial …
Keywords:
financial inclusion (FI), penetration index, availability index, usage index, index of financial inclusion (IFI), business correspondents (BCs)
04
Original Article
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Determinants of Energy Poverty in Assam : An Econometric Analysis
Sagarika Boro, Manash Roy
· pp. 54–64
DOI: 10.17010/aijer/2026/v15i1/174822
Purpose : The paper tried to look into the inter-district variations in the level of energy poverty in Assam and to explore its determinants. Methodology : The study was based on secondary data provided by district-level fact sheets of the …
Keywords:
energy poverty, energy poverty index, logistic transformation model