Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Articles Article Faculty Publications -Articles Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Dynamics of public debt sustainability in major Indian states Subject The topic of the resource Bohn model for panel data; Indian states; primary balance; Public debt; sustainability Description An account of the resource This study empirically tests whether the public debt is sustainable or not at 22 major Indian states during 200607 to 201516. 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 reaction function is linear and the central grant-in aid is an important and a significant undermining factor of sustainability. If the grant-in-aid is excluded from the primary balance, there remain significant positive responses at the aggregate level. However, at the disaggregate level it is significant in only 11 states. Further, the most sustainable states fail to meet the no-Ponzi condition and so the policy intervention is required to improve the debt situation of the states where debt is unsustainable. 2019, 2019 Informa UK Limited, trading as Taylor &amp; Francis Group. Creator An entity primarily responsible for making the resource Renjith P.S.; Shanmugam K.R. Source A related resource from which the described resource is derived Journal of the Asia Pacific Economy, Vol-25, No. 3, pp. 501-518. Publisher An entity responsible for making the resource available Routledge Date A point or period of time associated with an event in the lifecycle of the resource 2020-01-01 Identifier An unambiguous reference to the resource within a given context <a href="https://doi.org/10.1080/13547860.2019.1668138" target="_blank" rel="noreferrer noopener">https://doi.org/10.1080/13547860.2019.1668138</a> <br /><br /><a href="https://www.scopus.com/inward/record.uri?eid=2-s2.0-85074046411&amp;doi=10.1080%2F13547860.2019.1668138&amp;partnerID=40&amp;md5=7e57edc8d71a5171530df0edd65defa9" target="_blank" rel="noreferrer noopener">https://www.scopus.com/inward/record.uri?eid=2-s2.0-85074046411&amp;doi=10.1080%2f13547860.2019.1668138&amp;partnerID=40&amp;md5=7e57edc8d71a5171530df0edd65defa9</a> Rights Information about rights held in and over the resource Restricted Access Relation A related resource ISSN: 13547860 Format The file format, physical medium, or dimensions of the resource Online Language A language of the resource English Type The nature or genre of the resource Article Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant Renjith P.S., Department of Economics, Christ University, Bengaluru, India; Shanmugam K.R., Madras School of Economics, Chennai, India