01
Original Article
Open Access
Fiscal Deficit, Current Account Deficit, and Capital Flows in India : An Empirical Investigation Using Granger Causality Test
N. Kubendran
· pp. 7–18
DOI: 10.17010/aijer/2018/v7i4/131653
The relationship between fiscal deficit and current account deficit has always been a debatable topic among the academicians in the field of economics and finance. In this context, the present study focuses on fiscal deficit, current account deficit, capital flows, …
Keywords:
Fiscal Deficit, Current Account Deficit, Capital Flows, Debt And Debt Management, Granger Causality, Model Construction And Estimation
02
Original Article
Open Access
Highways and Growth : A Causal Analysis for India
Prerna Panda, Shibani Mishra
· pp. 19–33
DOI: 10.17010/aijer/2018/v7i4/131654
The paper investigated the relationship between the growth of highways and economic growth. We tested for mutual causality between the growth of road networks (which were functionally divided as state highways and national highways) and growth in investment and GDP. …
Keywords:
Causality, Agglomeration, Network Externalities, Roadways, Human-Capital, Crowding Out
03
Original Article
Open Access
Effectiveness of Rashtriya Swasthya Bima Yojana : A Case Study in Rural West Bengal, India
Mampi Bose
· pp. 34–46
DOI: 10.17010/aijer/2018/v7i4/131661
Rationale: Out of pocket expenditure on health, as share of total health expenditure, is very high in India. High expenditure on health has a negative impact on households' economic and health conditions. In order to reduce expenditure and improve utilization …
Keywords:
RSBY, Institutional Delivery, Out Of Pocket Expenditure, Health Insurance
04
Original Article
Open Access
Effects of Key Financial Markets’ Infrastructure on Cash and Liquidity Management of Banks in India
Sasanka Sekhar Maiti, N. Hemachandra
· pp. 47–55
DOI: 10.17010/aijer/2018/v7i4/131662
The article examined the effect of introduction of the Real Time Gross Settlement System (RTGS) on banks' cash requirements (viz. cash with banks) and liquidity requirements of banks (banker deposits) with the RBI. The empirical results indicated that the introduction …
Keywords:
Payment Systems, Real Time Gross Settlement, Cash With Banks, Bankers Deposit, Intra-day Liquidity