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Two Production Functions Estimated for Andhra Pradesh Data
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In this paper two production functions are estimated for Andhra Pradesh for the year 1957. In both the cases the data are taken in value terms. Thus the three variables are: (1) value added by manufacture; (2) wages and salaries; and (3) value of total productive capital. In the first case, the data relates to the Industry-wise figure and, in the second case, to the district-wise figures.
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