The paper contains the text of the lecture delivered by the author at a seminar organized by the Department of Economics, M.S.University, Baroda under its UGC Special Assistance Programme during December 20-21, 1986. It highlights the state of the art with regard to the role and conduct of...

The paper purports to investigate the existence or otherwise of economies of scale in the Indian cement industry. The investigation is attempted through the estimation of cost-output (sales) relationships both from the time series and cross-section data and both at the industry level and at the...

The paper discusses the extent and spread of economic fluctuations across selected countries during the Great Depression and the last over 40 years. Also, it analyses the possible causes of each major business cycle, the roles that the fiscal and monetary policies have played to counter them,...

The paper (a) attempts a brief review of the price policy pertaining to the agricultural sector (b) examines the impact of the policy on the income of the farmers (c) studies the broad features of the small vs. lArge farmers, (d) examines the impact of the price policy on the income of the small...

The paper develops a methodology for decision making with respect to selling of debentures and shares (both ordinary and preference). The model is first developed in terms of a hypothetical numerical example and then the same is presented in terms of a mathematical model. The models so developed...

The paper explains the autoregressive integrated moving average (ARIMA) (Box-Jenkins) model in detail, develops an ARIMA model for tea production in India using monthly data for the period Jan. 1979 through July 1991, and applies the so developed model to forecast tea production during the...

The paper attempts to study the input-output relationship in fish farming in India through the estimation of production function and the derivation of the optimum input combination. The data used belong to a cross-section of 45 districts, covering 12 states spread all over the country. These...

The Note on Forecasting Techniques discusses (a) the need for forecasts, (b) the alternative forecasting techniques, and (c) the alternative measures of Forecast’s inaccuracy. The discussion of each forecasting technique is illustrated with examples. It concludes that expert judgement plays a...

The paper examines the extent and the causes of variations in economic growth across twenty-nine developing countries. The sample countries come from Asia, Africa, and South/Central America. It finds that while Brazil, Cameroon and Korea have witnessed a relatively higher growth rates; Chile,...

Behavioral experiments conducted so far to establish existence of endowment effect as propounded by prospect theorists typically endow subjects with a single good. In this paper we depart from this setting by giving subjects initial endowment bundles which consist of two goods: chocolates and...