8,605 research outputs found

    On the Causal Relationship between Government Expenditure and Tax Revenue in Pakistan

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    This paper applies the technique of Granger Causality to determine the relationship between total government expenditures and total tax revenue using annual revised estimates. The analysis discovers a firm unidirectional effect from expenditure to revenue suggesting the preference of controlling the spending decisions to reduce the tax revenue-expenditure deficit.Expenditure, Tax Revenue, Causality

    The Direction of Causality between Health Spending and GDP: The Case of Pakistan

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    Relevant literature suggests that the most important determinant of health care spending is real GDP. Moreover, there is considerable evidence that health care spending rises at a faster rate than real GDP. This paper uses recently developed tests for the existence of a long run relationship to analyze the links between health care spending and GDP. We are, particularly, interested in estimating the elasticity parameter. The aim of the paper is to provide a new method of analysis to those used in recent papers on this subject. Typically in applied analysis, testing for the existence of cointegration and causality can only be carried out once the time series properties of the data have been established. For example, tests for cointegration require the variables to integrated of the same order, typically I(1), prior to estimation. By eliminating the need for unit root pre-testing, the tests applied here considerably simplify the inference procedure. They also reduce the potential for distortions in the inference due to the unknown properties of the testing sequence. Our findings include robust evidence that, for Pakistan, the income elasticity for health care spending is greater than one and that the elasticity value is stable over the estimation period.Health Spending; GDP; Causality

    Recent status of the understanding of neutrino-nucleus cross section

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    In this work we have presented current understanding of neutrino-nucleon/nucleus cross sections in the few GeV energy region relevant for a precise determination of neutrino oscillation parameters and CP violation in the leptonic sector. In this energy region various processes like quasielastic and inelastic production of single and multipion production, coherent pion production, kaon, eta, hyperon production, associated particle production as well as deep inelastic scattering processes contribute to the neutrino event rates.Comment: 9-Pages, 4-figures, Talk given at DAE-HEP Symposium held at Delhi University, 12-16 December, 201

    Response of Skirted Foundations Resting on Dry Medium Dense Sand

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    Experimental model tests were carried out to study the response of skirted foundation resting on dry sand.  The experiments were performed in a large soil container (1000  1000 mm in cross section and 800 mm in height).  Skirts with three different lengths (L) varied from 0.5D to 1.5D was attached to the edge of shallow circular foundations having three different diameters (D=60, 90 and 120 mm). Different parameters have been studied; these parameters involve skirt length, foundation size and skirt conditions. Skirts with open end and closed end were used. The relative density was kept constant and equals to 60%. The case of foundation without skirt (L=0) was initially tested and set as a reference for comparison purpose. From the results of experimental tests, it was found that the skirt modifies the load-settlement behaviour, increasing the load carrying capacity and reducing the foundation settlement. The results also indicate that load carrying capacity of skirted foundation increases with increase skirt length as well as foundation size. The results show that using skirt with closed end brought a considerable increase in load carrying capacity than that of open end
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