K R Shanmugam
Biographic Data
| ID | 5093803 |
|---|---|
| NAME | K R Shanmugam |
| GIVEN NAMES | K R |
| FAMILY NAME | Shanmugam |
| SIGNATURE | SHANMUGAM K R |
| AFFILIATIONS | Madras School of Economics, Chennai, India |
| ORCID | 0000-0002-4497-3475 |
| VERIFIED | Yes |
| TOTAL WORKS | 5 |
| TOTAL CITATIONS | 0 |
| WORKS AS AUTHOR | 5 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2019 |
| LATEST PUBLICATION YEAR | 2026 |
| H-INDEX | 0 |
Do States Still Pay the Price For Performance?
As the devolution shares of better-performing states declined sharply over time, there were expectation of a decisive shift toward efficiency-oriented criteria to strengthen fiscal federalism and enhance state autonomy. However, the Sixteenth Finance Commission largely followed the approach of its predecessor, introducing only incremental changes in the distribution formula. Although it signalled a conceptual shift by acknowledging states’ contri…
Child Survival and Health Index for India
A Markov switching approach to business cycles in India
This is the first empirical study that analyzes the nature of business cycles in India using quarterly GDP growth data from 1998Q1 to 2022Q4 and the Markov Switching Auto-regressive model. In order to capture the impact of exclusion and inclusion of post pandemic period data, it has developed two alternative models. Based on these models, the study provides the forecast of quarterly GDP growth and cumulative real output losses due to the pandemic…
Determining fiscal equalization transfers for elementary education to Indian States
This study attempts to determine the fiscal equalization transfers for elementary education using data for 27 Indian States from 2011–12 to 2017–18 and panel data methodology, based on a model adapted from Australia’s expenditure equalization mechanism. It is found that States with larger fiscal capacity tend to spend more on elementary education and the existing transfers mechanism has failed to compensate the lagging States. Using the estimated…
Dynamics of public debt sustainability in major Indian states
This study empirically tests whether the public debt is sustainable or not at 22 major Indian states during 2006–07 to 2015–16. It employs the Bohn model for panel data, five alternative specifications and p-spline technique to analyze the issue at aggregate and disaggregate levels. While the results indicate that the debt is sustainable at the aggregate level, it is sustainable only in about 11 states. The results suggest that the fiscal reactio…
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Dynamics of public debt sustainability in major Indian states
This study empirically tests whether the public debt is sustainable or not at 22 major Indian states during 2006–07 to 2015–16. It employs the Bohn model for panel data, five alternative specifications and p-spline technique to analyze the issue at aggregate and disaggregate levels. While the results indicate that the debt is sustainable at the aggregate level, it is sustainable only in about 11 states. The results suggest that the fiscal reactio…
Determining fiscal equalization transfers for elementary education to Indian States
This study attempts to determine the fiscal equalization transfers for elementary education using data for 27 Indian States from 2011–12 to 2017–18 and panel data methodology, based on a model adapted from Australia’s expenditure equalization mechanism. It is found that States with larger fiscal capacity tend to spend more on elementary education and the existing transfers mechanism has failed to compensate the lagging States. Using the estimated…
A Markov switching approach to business cycles in India
This is the first empirical study that analyzes the nature of business cycles in India using quarterly GDP growth data from 1998Q1 to 2022Q4 and the Markov Switching Auto-regressive model. In order to capture the impact of exclusion and inclusion of post pandemic period data, it has developed two alternative models. Based on these models, the study provides the forecast of quarterly GDP growth and cumulative real output losses due to the pandemic…
Child Survival and Health Index for India
Do States Still Pay the Price For Performance?
As the devolution shares of better-performing states declined sharply over time, there were expectation of a decisive shift toward efficiency-oriented criteria to strengthen fiscal federalism and enhance state autonomy. However, the Sixteenth Finance Commission largely followed the approach of its predecessor, introducing only incremental changes in the distribution formula. Although it signalled a conceptual shift by acknowledging states’ contri…
Econometrics (4 works) · Economics (4 works) · Computer Science (2 works) · Development economics (2 works) · fiscal federalism (2 works) · Fiscal Policies and Political Economy (2 works) · Fiscal Policy and Economic Growth (2 works) · Geography (2 works) · Local Government Finance and Decentralization (2 works) · Macroeconomics (2 works)