Assistant Professor, Department of Economics, A P Sen Memorial Girls Degree College, Lucknow, Uttar Pradesh, India
JEL Classification: H71, H72
This paper examines the trends and tendencies of revenues and expenditures of U.P. Thus, an attempt has been made to study the empirical behavior of revenues and expenditures of the state. After broadlining the structure of public revenue and expenditures of States, estimates relating to these are presented. This is subsequently followed by estimation of compound annual growth rates of aggregate revenue and aggregate expenditure. For estimating compound annual growth rate semi-log regression model is used. Also, linear regression model on aggregate expenditure to aggregate revenue has been used.
Revenue Receipts, Capital Receipts, Revenue Expenditure, Capital Expenditure