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E-book
Author Mishra, Prahlad (Professor of economics), author.

Title Economic reforms in SAARC countries : impact of LPG on development indicators / Prahlad Mishra
Published New Delhi, India ; Thousand Oaks, California, USA : SAGE Publications, 2020

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Description 1 online resource (xxiii, 257 pages)
Contents Introduction -- Revisiting Wagner's law, PW-hypothesis and structural break -- Liberalization, privatization and globalization (LPG) in the SAARC countries in historical perspective -- Impact of LPG on the growth of development indicators -- Determinants of development indicators in the post-LPG era -- Summary and conclusions
Summary "This book presents a cross country comparison of development Indicators in the SAARC Countries with respect to the recent pre - and post- Liberalization, Privatization and globalization (LPG) era. In presenting the empirical analysis using econometric methods the present book brings in the theoretical background relating to the growth of public expenditure as articulated by Adolf Wagner and other researchers in the nineteenth and early twentieth century along with the Displacement Effect Hypothesis as advanced by Peacock and Wiseman in the mid twentieth century. It provides a critical analysis of the theories and views of the researchers on Wagner's law and the subsequent P-W hypothesis. It articulates and re-examines these with respect to the changes in the economic policies and comes up with reinterpretation of the impact using time series analysis. It empirically examines the changes in the structure of the estimated equation by using dummy variables. The study has tried to quantify the impact of the policy changes and has articulated the appropriateness of the use of dummy variable"-- Provided by publisher
Bibliography Includes bibliographical references and index
Notes Online resource; title from digital title page (viewed on January 06, 2020)
Subject South Asian Association for Regional Cooperation.
SUBJECT South Asian Association for Regional Cooperation fast
Subject Economic development -- South Asia
Economic indicators -- South Asia
Trade regulation -- South Asia
Privatization -- South Asia
Globalization -- Economic aspects -- South Asia
Trade regulation
Privatization
Globalization -- Economic aspects
Economic policy
Economic indicators
Economic history
Economic development
South Asian cooperation
SUBJECT South Asia -- Economic conditions -- Econometric models
South Asia -- Economic policy
Subject South Asia
Form Electronic book
LC no. 2019029767
ISBN 9789353286729
9353286727
9789353286736
9353286735
Other Titles Economic reforms in South Asian Association for Regional Cooperation countries