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In this paper we bring together the findings of Subramanian, A. (2019) and Morris and Kumari (2019), and others to claim that the problems with the new national income series are real and need to be addressed. The CPI11-12 too is problematic since the weight of basic food in the CPI11-12 is as...
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GDP growth in India. We collect data on a sample of 14 Indian states over the period 1989-2013, and use the cross …, there is a negative long-run relationship between inflation and economic growth in India. We also find statistically … suggest the need for the Reserve Bank of India to balance the short-term growth inflation trade-off, in light of the long …
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