Purpose – The purpose of this paper is to construct a robust macroeconomic performance (MEP) index of the State economies of an emerging market economy, i.e. India.Design/methodology/approach – Two variants of data envelopment analysis (DEA) models – radial and non-radial – are proposed...

This chapter makes an attempt to assess the dynamic macroeconomic performance (DMEP) of fifteen major Indian States using three macro indicators viz., gross state domestic product (GSDP), fiscal deficit as percentage of the GSDP and price measured by the GSDP deflator. Keeping in mind...