Political Economy Determinants Of Tax And Expenditure In Nagaland

Author :

Dr K. Zumomo Ovung

Publisher:

Clever Fox Publishing

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Publisher	Clever Fox Publishing
Publication Year	2023
ISBN-13	9789356486164
ISBN-10	9356486166
Binding	Hardcover
Number of Pages	82 Pages
Language	(English)
Subject	Analysis & Strategy

The study of Revenue and Expenditure Policies of Nagaland revealed that the growth of Public Expenditure greatly outpaced the growth of Public Revenue since the inception of statehood (1963). The reasons being attributed to mounting increase in expenditure in the pretext of economic development coupled with political instability. On the other hand, it was observed that there has been low tax base which was aggravated by laxity of tax efforts. Hence, anomalies of revenue and expenditure policies were evident in course of our investigation. The given findings therefore call for a thorough and deeper investigation as to what factors determine tax and expenditure beginning from 1963 to 2001. The present study employed both Economic and Political (dummy) variables and a suitable statistical technique (regression equations by method of Least Square) was adopted to test the Hypotheses and role of each variable responsible for disproportionate growth in Revenue and Expenditure in the State of Nagaland.

Dr K. Zumomo Ovung

ABOUT THE AUTHOR DR K. Zumomo Ovung is an Associate Prof. and HoD in the Dept. of Economics, MTC (NU). He completed the Master Degree and obtained PhD from NEHU, Shillong and he has been serving the Department since 1994. He specialized in the study of Public Finance which is considered crucial for economic development of any state. The present book is his fourth publication. The first book was on 'Constraints and Problems of Resource mobilization and Federal Transfers' while the second book deals with 'Revenue and Expenditure Policies of Nagaland'. The third one was a joint publication of Journal titled 'The Cultural Dynamics of Lotha Naga Tribe'.