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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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Quarterly indices of output like those of Industrial Production, other measures of production like net sales, exports, of companies for which data is available, besides proxies like credit to the sector, and indices of price levels have been used to forward project the growth rates of GDP04-05,...
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Chapter 1. Introduction -- Chapter 2. Trends in Growth since the GFC -- Chapter 3. Credit, Employment and the Current Account -- Chapter 4. Capital Formation and Foreign Investment -- Chapter 5. Inflation and Monetary Developments -- Chapter 6. Policy and Analyses Chapter -- 7. Reflexive, not...
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Growth rates of regions (states) have generally followed the national level growth rates over time with small lags or leads. We find much coherence between the aggregate performance of regions over time and that of the nation, so that the periodization at the national level is also useful at the...
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The growth and development of Gujarat one of India's leading industrial states is examined and the reasons for the relatively high growth are presented. Despite high growth Gujarat faces limitations emanating from skills constraint to attract skill intensive industries
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