Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics

P. Venkatramaiah , A. R. Kulkarni , Latika Argade

Abstract

The input-output system is a convenient means of representing a huge mass of heterogeneous data into a coherent whole such that the structural relationships underlying the economy are meaningfully revealed. The system is widely used in the planning exercises of many countries. The heart of the framework of reasoning consists in applying an input-output model for estimating consistent output levels. The model has varied uses and its rich information content yields answers to several economic aspects such as equilibrium prices, maximal growth possibilities etc. The constancy of the technical coefficients of the model over time however is the crucial assumption in the analysis.

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P. Venkatramaiah , A. R. Kulkarni , Latika Argade

Abstract

The Input-Output coefficient matrices can be constructed either in Purchasers Prices or in Producers Prices. The difference between the two prices is due to trade, transport and taxes, etc. which together are usually referred to as distributive margins.

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Vidya Pitre , Latika Argade

Abstract

We are happy that our note on Industrial and Trade Classification establishing a broad correspondance between the old and new ASI classification at 3 digit level as also the MSP (New), ITC and RITC classifications (this journal, September 1978, Vol. 20, No.3) has caught the discerning eye of the critical researcher and we would like to offer some comments on his note.

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P. Venkatramaiah , Latika Argade

Abstract

The Leontief Input-output system is widely used in the planning exercises of many countries. The heart of the framework of reasoning consists, in applying an input-output model for obtaining the consistency among st sectoral outputs. Input-output analysis assumes the constancy of input coefficients.

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Vidya Pitre , Latika Argade

Abstract

The growth and diversification of the production and trade overtime requires changes in the classification. In addition to these changes in the definition of the unit such as factory or establishment, the objectives with which data are collected might also change over time. All these make the task of a researcher engaged in studies concerning changes over time, involving numerous adjustments in making the data comparable over the time, very difficult.

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Latika Argade , Vidya Pitre

Abstract

A judgement about the productivity trends is necessary both for analytical and policy purposes. Productivity of different factors sometimes vary in different directions and measurement of overall productivity becomes difficult. In order to form judgement about the drift of overall productivity data on total cost per unit of output can be made use of Conceptually total input is just another name for total cost and total productivity is just the inverse of average cost.

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