Revival: A Disequilibrium Macroeconometric Model for the Indian Economy (2003)
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A01=Kaliappa Kalirajan
A01=Shashanka Bhide
agricultural policy evaluation
Author_Kaliappa Kalirajan
Author_Shashanka Bhide
Capita NSDP
Category=JHB
Central Government
Crop Output Growth
Crop Output Price
Crop Prices
developing economies research
Disequilibrium
Economy
eq_bestseller
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
eq_society-politics
Fertilizer Consumption
Fertilizer Price
Firm Level Technical Efficiency
Food Grain Output
Food Grain Stock
Frontier Production Function
Indian
Irrigated Area
Kaliappa Kalirajan
Macro Econometric Model
macroeconometric production modelling India
macroeconomic modelling
Nominal Wage Rate
Non-food Grains
Organized Manufacturing Sector
production efficiency measurement
Production Frontier
Public Administration
Real Gdp
Real Gdp Increase
regional economic analysis
Rural Literacy
Rural Literacy Rate
Shashanka Bhide
State Level Results
stochastic frontier analysis
Time Varying Coefficients Model
Wholesale Price Index
Product details
- ISBN 9781138709850
- Weight: 453g
- Dimensions: 156 x 234mm
- Publication Date: 29 Jan 2019
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Paperback
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This title was first published in 2003. This text presents a new approach to incorporating regional details on production in a disequilibrium macroeconometric model. The early studies on disequilibrium dealt with either partial-adjustment models or models involving excess demand or supplies in markets. In this study the authors consider a different type of disequilibrium model - one in which econometric analysis makes use of the varying coefficients stochastic production frontier approach, which permits estimation and analysis of production efficiencies of individual producers. The book also presents an innovative approach to production modelling in macro econometric models as it provides a useful framework for incorporating production efficiencies and regional details of production in the macro models. It is a pioneering study that combines the stochastic frontier approach with macro econometric modelling. Primarily focused on India, it also provides insights into problems in modelling economies of other developing countries.
Kalirajan, Kaliappa; Bhide, Shashanka
