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Chakraborty, Debesh
- Structural Analysis of the Indian Economy Based on Conventional and Modified Input-Output Models
Authors
1 Department of Economics, Ananda Chandra College, Jalpaiguri 735101, West Bengal, IN
2 Department of Economics, St. Xavier’s College, Kolkata 700016, West Bengal, IN
3 Jadavpur University, Kolkata 700032, West Bengal, IN
Source
Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 54, No 2 (2012), Pagination: 138-177Abstract
This paper attempts to explore structural changes of the Indian economy over the decade of the 1980s through 2006-7, using the Conventional and Modified Input-Output frameworks. Key sectors are identified using weighted backward and forward linkage measures and coefficients of variation. Results based on the Conventional model reveal structural change towards more or less modern production structure of the Indian economy, while that based on the Modified model reflects a mix of traditional and modern industry-oriented production structure. Results based on the Conventional method suggest policies that would focus more on the industrial sector, while those of the modified framework suggest that importance should be given to the traditional as well as modern industrial sectors. Thus, choice of the method of structural analysis for an economy is an important research agenda in the literature on the subject.- Global Production Sharing and Leontief Paradox:Evidence from Trade between two South Asian Countries
Authors
1 School of Business Management, Narsee Monjee Institute of Management Studies, V.L. Mehta Road, Ville Parle (W), Mumbai 400056, Maharashtra, IN
2 Department of Economics, Jadavpur University, Kolkata 700032, West Bengal, IN
Source
Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 56, No 1 (2014), Pagination: 17-38Abstract
The paper attempts to study the factor content of bilateral trade between the two developing countries of India and Sri Lanka. Given instances of production sharing between them and the extent of input trade that they engage in globally, it is only appropriate to use a framework which takes into account all these features. It uses the framework of Remier (2006) and Trefler and Zhu (2010) to find out if trade between them provides evidence of Hecksher-Ohlin pattern of trade. Results of the study provide evidence to support Leontief paradox with respect to this bilateral trade.- Impact of National Food Security Act on Indian Economy:Application of Modified Leontief and Ghosh Models
Authors
1 Department of Economics, Jadavpur University, Kolkata, IN
2 Indian Chamber of Commerce, Prakriti Abasan, Flat No. A 32, 343, Garia Gardens, Kolkata 700084, West Bengal, IN
3 Department of Natural Resource Sciences, Agricultural Economics Program, McGill University, Macdonald Campus, 21,111 Lakeshore Road, SteAnne de Bellevue, Montreal, Quebec H9X3V9, CA
Source
Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 56, No 1 (2014), Pagination: 125-146Abstract
The Government of India has enacted National Food Security Act, 2013 (NFSA). This paper measures the impact of implementing this Act on production structure of the economy. It applies modified Leontief and Ghosh models in Input-Output framework. A price model was also attempted to see the impact on sectoral prices. Results reveal that few sectors need to move in tandem to keep balance with food grain production. Overall, the country needs to gear up in terms of food grain productivity, otherwise NFSA must be supplemented by import which would entail a heavy burden on the exchequer.- Economic Reforms and Changes in Energy Consumption in India: A Structural Decomposition Analysis
Authors
1 Center for Development and Environment Policy, Indian Institute of Management, Calcutta, IN
2 Department of Economics, Jadavpur University, Calcutta, IN
Source
Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 42, No 4 (2000), Pagination: 305-324Abstract
India's economic reform was initiated in mid 1991 by the Government of India. Some strategies for energy sector were adopted. This paper investigates the pattern of energy consumption changes during reform period i.e., 1991-92 to 1996-97and various factors responsible for these changes based on Input/Output model. Here we develop a Structural Decomposition Analysis. Six different factors have been identified here: (i) Technical changes, (ii) Changes in final demand structure, (iii) Changes in the interaction term of technical changes and final demand structure, (iv) Changes in energy exports, (v) Changes in energy imports, (vi) Changes in energy change in stock. Then we separate technical changes and final demand structure again, which explain the energy consumption changes. The most significant role as revealed from the empirical results have been played by the final demand structure, technical changes and interaction term between final demand structure and technical changes.- The Structure of the Sri Lankan Economy
Authors
1 St. Xavier's College, 30, Park Street, Kolkata 700 016, IN
2 Jadavpur University, Kolkata, IN
Source
Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 44, No 3-4 (2002), Pagination: 333-348Abstract
Sri Lanka is a small island economy without much of natural resources. In spite of a troubled domestic environment in recent times, the country has recorded an impressive peiformance in the areas of Average Life Expectancy, Adult Literacy rates, Infant Mortality Rates and similar indices of develapment. However, economic growth, sustained employment generation, reasonable price stability, balance in the external sector, and reduction in income inequality have not been adequate though to proper economy into the league of Developed Nations.
The objective of this paper is to study the inter-sectoral linkages of this economy using Multiplier Analysis to understand his structure by measuring the degree of interconnectedness of its different sectors, since the effectiveness of policy measures is expected to depend on the degree of interconnectedness of an economy. For this purpose, the Extended Input-Output Methodology combining the Leontief (1941) and Ghosh (1958) Models has been used.
The results show that the various sectors of the economy are weakly integrated, which is perhaps the reason why the effects of growth and development oriented policies have not percolated down throughout the economy. The development of strong inter-sectoral linkages is therefore a necessary prerequisite for the country's overall economic development.
- Informatisation Strategy for the Indian Economy: Linkage Analysis
Authors
1 Department of Economics, Jadavpur University, Calculta 700 032, IN
Source
Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 42, No 3 (2000), Pagination: 216-227Abstract
It is widely recognized that increasing the information technology intensiveness or rapid informatization of the Indian economy will revitalize it and enhance its international competitiveness. This paper tries to establish this fact using the input-output table for the year 1989-90 published by the Central Statistical Organization. Multiplier and linkage analysis has been deployed to identify the key sectors for informatization programme.- Errors of Projection in Input-Output Model and its Correction: An Experiment with Indian Data
Authors
1 Department of Economics, Jadavpur University, Calcutta, IN