Journal of Indian School of Political Economy

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

GDP Estimation in India:Some Reflections


Affiliations
1 Ministry of Statistics and Programme Implementation, Government of India, New Delhi, India
     

   Subscribe/Renew Journal


GDP estimation represents an important area of collaboration between academia and official statisticians. The recent revision to the Indian System of National Accounts have led to great deal of debate on various aspects of GDP estimation. In this paper, we explore some of these issues distinguishing between misconceptions and genuine areas needing further research or improvements in data. We examine the interplay between theoretical constructs and the structures of practical functioning. Understanding these issues is critical to removing the disconnect between economic theory and the needs of a practical policy.
User
Subscription Login to verify subscription
Notifications
Font Size

Abstract Views: 349

PDF Views: 4




  • GDP Estimation in India:Some Reflections

Abstract Views: 349  |  PDF Views: 4

Authors

T. C. A. Anant
Ministry of Statistics and Programme Implementation, Government of India, New Delhi, India

Abstract


GDP estimation represents an important area of collaboration between academia and official statisticians. The recent revision to the Indian System of National Accounts have led to great deal of debate on various aspects of GDP estimation. In this paper, we explore some of these issues distinguishing between misconceptions and genuine areas needing further research or improvements in data. We examine the interplay between theoretical constructs and the structures of practical functioning. Understanding these issues is critical to removing the disconnect between economic theory and the needs of a practical policy.