India's economic prospects: a macroeconomic and econometric analysis
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Bibliographic Details
Main Author: Mammen, Thampy (Author)
Format: Electronic eBook
Language:English
Published: Singapore World Scientific ©1999
Series:Economic ideas leading to the 21st century vol. 4
Subjects:
Online Access:Volltext
Item Description:Includes bibliographical references (p. 331-351) and index
"This book provides a macroeconomic analysis of the Indian economy. It is a long-run study that spans the period from 1950-51 to 1992-93, encompassing the various turning points in India's economic policy and development strategies. The macroeconometric model used in the book integrates the monetary and real sectors of the economy. In order to provide theoretical underpinnings for the model, the book traces the development of macroeconomic theory including Keynesian, structuralist, and supply-side economics. The model explains the public sector's current and capital expenditures, rather than treating them as exogenous variables. A sub-recursive system of prices is formulated in terms of unit cost based on the flow of factor income generated in the process of production, monetary variable, and agriculture supply factors."--Jacket
Physical Description:1 Online-Ressource (xv, 362 pages)
ISBN:9789812812575
9812812571
9810232330
9789810232337

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