Journal of Indian School of Political Economy

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A Study on the Likely Magnitude of Bias in the Estimates of Gross State Domestic Product for the Private Corporate Segment of Manufacturing Sector as per the New Methodology


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1 National Council of Applied Economic Research, India
     

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The article highlights the official methodology for deriving state-wise estimates of gross value added for the private corporate segment of manufacturing sector. By utilising data of Annual Survey of Industries 2014-15, the article comments upon the likely magnitude of bias in the state-wise estimates of gross value added so obtained as per the official methodology and suggests some way forward for bringing in improvements in future.
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  • Methodology for Compilation of State Estimates of Gross Value Added, Central Statistics Office, Government of India

  • Second Advanced Estimates of National Income, 2017-18 released by Central Statistics Office on 28th February, 2018

  • National Accounts Statistics 2016, Central Statistics Office

  • National Accounts Statistics 2017, Central Statistics Office


Abstract Views: 356

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  • A Study on the Likely Magnitude of Bias in the Estimates of Gross State Domestic Product for the Private Corporate Segment of Manufacturing Sector as per the New Methodology

Abstract Views: 356  |  PDF Views: 0

Authors

G. C. Manna
National Council of Applied Economic Research, India

Abstract


The article highlights the official methodology for deriving state-wise estimates of gross value added for the private corporate segment of manufacturing sector. By utilising data of Annual Survey of Industries 2014-15, the article comments upon the likely magnitude of bias in the state-wise estimates of gross value added so obtained as per the official methodology and suggests some way forward for bringing in improvements in future.

References