Reform and the structure of the Indian economy : output-value added symbiosis / Madhusudan Datta.

By:

Datta, Madhusudan, 1953- [author.]

Material type: Text

TextPublisher: Cambridge, United Kingdom ; New York, NY : Cambridge University Press, 2020Description: xiv, 180 pages : illustrations (black and white) ; 24 cmContent type:

text

Media type:

unmediated

Carrier type:

volume

ISBN:

9781108496377 (hbk.)

Subject(s):

Additional physical formats: Online version:: Reform and the structure of the Indian economyDDC classification:

338.954 DAT 23 016205

Contents:

Introduction: the take-off -- Growth and structural change since 1978-79: issues in measurement -- Sectoral shares in Indian GDP: how to regard it? -- Sectoral growth: GVA-output dichotomy -- Manufacturing sector in the Indian economy: paradox of growth and stagnation -- Growth and sectoral GVA adjustments -- Demand for intermediate services -- Linkages and key sectors in the Indian economy -- Conclusion: a perspective of Indian economic growth.

Summary: "The Indian economy has traversed a rising growth trajectory since the turn of the 1970s, but economists have observed that growth has come mostly from the service sector. Can the service sector maintain such momentum when manufacturing fails to pick up steam in spite of all reforms aimed at this objective? Reform and the Structure of the Indian Economy studies pitfalls in value added accounting of sectoral growth in the context of liberalization of the Indian economy. Growth of gross value added in a sector can systematically deviate from that of final expenditure (and gross output) ascribable to the sector, while maintaining the broad national accounting identity between the aggregates. Uneven technical progress an the related trend in relative prices play an important trick. This book studies this point in depth, which will be of interest to students of the Indian economy. For an investigation along these lines, input-output transactions tables provide invaluable information. The book discusses at length tricky questions of handling and interpretation of data"--

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Holdings
Item type	Current library	Call number	Status	Date due	Barcode
Book	Indian Institute for Human Settlements, Bangalore	338.954 DAT 016205 (Browse shelf(Opens below))	Available		016205

Includes bibliographical references and index.

"The Indian economy has traversed a rising growth trajectory since the turn of the 1970s, but economists have observed that growth has come mostly from the service sector. Can the service sector maintain such momentum when manufacturing fails to pick up steam in spite of all reforms aimed at this objective? Reform and the Structure of the Indian Economy studies pitfalls in value added accounting of sectoral growth in the context of liberalization of the Indian economy. Growth of gross value added in a sector can systematically deviate from that of final expenditure (and gross output) ascribable to the sector, while maintaining the broad national accounting identity between the aggregates. Uneven technical progress an the related trend in relative prices play an important trick. This book studies this point in depth, which will be of interest to students of the Indian economy. For an investigation along these lines, input-output transactions tables provide invaluable information. The book discusses at length tricky questions of handling and interpretation of data"--

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