Analysing the Impact of Final Consumption on GDP Growth in India Using Regression
Year: 2024
Type: article
Abstract: India’s economy is growing rapidly, and a large part of it is contributed by final consumption which comprises of household expenditure and the government spending on goods and services. The connection between India's GDP growth and final consumption is the subject of this study. For the years 1960 to 2022, linear regression is used. According to the findings, there is a significant connection between GDP expansion and final consumption. The outcomes of this paper may assist the policymakers to formulate policies and strategies regarding economic growth.
Author: Kushal Chavan
Language: English
Topic: Economic Theory and Policy
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W6967911544
FWCI:
Cites:
Cited by:
Related to: