India's Economic Prospects

India's Economic Prospects

A Macroeconomic and Econometric Analysis

eBook - 1999
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"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.
Publisher: Singapore ; River Edge, NJ : World Scientific, Ă1999
ISBN: 9789812812575
9812812571
9789810232337
9810232330
Characteristics: 1 online resource (xv, 362 pages) : illustrations

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