Industrial Stagnation and Growth in Andhra Pradesh Industries - 1956-1980's: Re-Examining Explanations of the Mid-Sixties
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This paper deals with the following inter-related motivated research questions for an investigation and hypotheses for empirical verification:
Whether the explanations offered by different economists for all India industrial retrogression of mid-sixties hold good for explaining the stagnation of industries in Andhra Pradesh (AP) or not; whether they could give any guidelines for growth impulses and decision-making to revival of industries in AP State and whether the mid-sixties break paint of All India industrial performance was appropriate for AP Slate industrial performance; if not, what break-point(s) to time could better be traced and inferred in analyzing the stagnation and growth or fluctuations in AP industrialization; and to explain for justification, if any, of other better break-paints. The analysis proceeds to investigate.
Whether the cited trends and explanations that hold good for an aggregate industry also hold good for those regrouped into (i) input based (process based) and (ii) market based (end use or demand based) industries or not: differential growth rates in industry were accounted for structural changes in AP industry or not; and/or for institutional changes such as due to role of financing and promotional corparations of AP State industrial development.
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