Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

Sources of Structural Changes in the Indian Economy during the Pre-Reforms Period: 1951-1952 to 1983-1984


Affiliations
1 Department of Economics, University of Pune, Ganesh Khind Road, Pune 411007, Maharashtra, India
     

   Subscribe/Renew Journal


In this article, India's sources of structural change for from 1951-1952 to 1983-1984 have been examined. Though this entire period falls before the '1991- libralization' policy shift, there were subtle overtures towards opening up since the early seventies. Capturing the sensitivity of the economy to this policy shift has been attempted here. Six input-output tables with eighteensector classification scheme have been used. It was found that the nonproportional growth in the Indian economy was largely driven by technological change and, to a certain extent, import substitution from 1951- 1952 to 1983-1984. The contribution of exports in changing the structure of the Indian economy was quite limited for the said period.
Subscription Login to verify subscription
User
Notifications
Font Size

Abstract Views: 619

PDF Views: 0




  • Sources of Structural Changes in the Indian Economy during the Pre-Reforms Period: 1951-1952 to 1983-1984

Abstract Views: 619  |  PDF Views: 0

Authors

Dhanmanjiri Sathe
Department of Economics, University of Pune, Ganesh Khind Road, Pune 411007, Maharashtra, India

Abstract


In this article, India's sources of structural change for from 1951-1952 to 1983-1984 have been examined. Though this entire period falls before the '1991- libralization' policy shift, there were subtle overtures towards opening up since the early seventies. Capturing the sensitivity of the economy to this policy shift has been attempted here. Six input-output tables with eighteensector classification scheme have been used. It was found that the nonproportional growth in the Indian economy was largely driven by technological change and, to a certain extent, import substitution from 1951- 1952 to 1983-1984. The contribution of exports in changing the structure of the Indian economy was quite limited for the said period.


DOI: https://doi.org/10.21648/arthavij%2F2012%2Fv54%2Fi1%2F111106