Archive | Econometrics

Study Notes on the Employment Function | Econometrics

The below mentioned article provides a study note on the employment function. Empirical Model for Employment Function from Cobb Douglas Production Function: The employment [labour] intensity of economic growth can be understood by the size of output elasticity of employment. In other words the concept of output elasticity of employment in a particular sector of the economy helps in understanding [...]

By |2016-11-04T05:15:53+05:30November 4, 2016|Econometrics|Comments Off on Study Notes on the Employment Function | Econometrics

Study Notes on the Tax Revenue Function | Econometrics

The below mentioned article provides a study note on the tax revenue function. The responsiveness of Gross Tax Revenue to the changes in Gross Income is referred to as the Tax Buoyancy. The Tax Buoyancy is also defined as the ratio of proportionate change in gross tax revenue to the proportionate change in Income. The numerical estimate of tax buoyancy [...]

By |2016-11-04T05:15:53+05:30November 4, 2016|Econometrics|Comments Off on Study Notes on the Tax Revenue Function | Econometrics

Study Notes on the Public Expenditure Function | Econometrics

The below mentioned article provides a study note on the public expenditure function. In order to discharge various functions, the Government has to incur expenditure for different purposes. As the public sector goes on increasing, the amount of expenditure for various development activities also increases. Thus both the expansion of public sector and public expenditure move together in the same [...]

By |2016-11-04T05:15:53+05:30November 4, 2016|Econometrics|Comments Off on Study Notes on the Public Expenditure Function | Econometrics
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