Item description for India's Economic Prospects: A Macoeconomic and Econometric Analysis (Economic Ideas Leading to the 21st Century , Vol 4) by Thampy Mammen...
"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."--BOOK JACKET.
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Studio: World Scientific Publishing Company
Est. Packaging Dimensions: Length: 8.8" Width: 6" Height: 1.1" Weight: 1.45 lbs.
Publisher World Scientific Publishing Company
ISBN 9810232330 ISBN13 9789810232337