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Kerala's debt position: A prolonged subject of discussion

Authors: P S Renjith , Abin Joseph | Published on: 06-Oct-2023

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Abstract

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Appendix Figure 1: Simulation Results

Source: Authors’ estimation

Reference

References

Das, N. (2015). Subnational level fiscal health in India: Stability and sustainability implications. Economic Change and Restructuring, 48, 71-91.

Greiner, A., and Fincke, B. (2015). Public debt, sustainability and economic growth. Springer International Publishers.

Kaur, B., Mukherjee, A., & Ekka, A. P. (2018). Debt sustainability of states in India: An assessment. Indian Economic Review, 53, 93-129.

RBI (2022) State Finances: A Risk Analysis, RBI Bulletin June 2022.

Shanmugam, K. R., & Renjith, P. S. (2023). Sustainability and Threshold Value of Public Debt of Centre and All State Governments in India. Indian Public Policy Review, 4(3), 43-66.

Times of India (2012). Government mulls cash bailout for West Bengal, Punjab and Kerala. In: Times of India, Jun 9, 2012. http://articles.timesofindia.indiatimes.com/2012-06-09/india/32139909_1_debtrelief-moratorium-revenue-deficit.