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Mathur, P. N.
- Input-Output Framework for Explorations in Theoretical and Empirical Economic Research
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Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 11, No 2 (1969), Pagination: 133-147Abstract
By the close of the first quarter of this century the engine of economic analysis appeared to have come to a grinding halt, following the brave failures of the various approaches developed up to that time to explain and predict economic realities. In the realm of pure theory, the work of Leon Walras represented a high water mark. However, Pareto was demonstrating its practical futility. The placid world in which main economic questions bothering the economic experts were of marginal character susceptible to partial analysis with ceteris paribus had been destroyed.
- Input-Output Flow Table (32×32) 1963 (At Purchasers' Prices)
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Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 11, No 2 (1969), Pagination: 181-199Abstract
For inputs of seeds it is assumed that seed rate per acre has remained the same as in 1955-56 and adopted in National Income Blue Book 1961. It is Rs. 6.30 per acre. Adjusting for price change, in 1963 it will be Rs. 8.44 per acre. Estimated cropped area being 143,528,000 hectors, in 1963-64, the value of the seed has been estimated as Rs. 2,993,373 thousands.- A Model for Optimum Location and Flows
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Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 11, No 2 (1969), Pagination: 288-302Abstract
With the growing realization of the concept and importance of space as an explicit factor in the process of economic change interest has grown in empirically highlighting the inter-spatial connections. Prof. Leontief observes: "The movement of commodities and services between separate geographic areas and the internal economic structure of such regions are mutually inter-dependent.- Expected Production and its Pattern 1985-86
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Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 11, No 2 (1969), Pagination: 306-319Abstract
The purpose of estimating the total production in 1985-86 is to have a long term perspective in planning for utilities that are necessary for adequate economic development. For instance we have to plan very much ahead for projects like roads and port facilities, because it takes several years before a project starts giving its fruits.- Explorations in Making Programme of Full Capacity Utilisation
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Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 11, No 2 (1969), Pagination: 320-331Abstract
It ia a painful reflection on our technical competence in the understanding and management of our economic affairs that after a planning of a decade and a half we find ourselves saddled with a substantial amount of unutilised capacity in various industries. In the situation a two pronged research action is warranted. First and foremost it is necessary to get an estimate of unutilised capacity in each and every industry of the economy, and secondly to devise programmes that will lead to utilisation of capacities in such a way that the problem is not aggravated in future by creating some capacities which may not be utilisable in future due to lack of sufficient demand for their output.- Karl Marx's Two Theories of Value - An Interpretation
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Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 10, No 3-4 (1968), Pagination: 544-549Abstract
The alleged contradiction between the theory of value propounded by Marx in the first volume of Capital with the theory of price determination expounded by him in the Vol. III has been the subject of lively controversy and discussion even from the time Vol. III was not published; vide Engels challenge in the preface of Vol. II of Capital for anybody to solve this "Transformation problem" whose solution is the price determination theory of the Vol. III. About the basic issue and its possible solution Prof. Meek writes as follows. His view may be considered as the latest attempt at reconciliation of these two theories.- Income Elasticity of Demand - A Geometric Interpretation
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Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 6, No 1 (1964), Pagination: 45-50Abstract
This article explains the concepts of marginal propensity to consume as well as of Income elasticity of demand for a commodity. They are illustrated geometrically and their interrelationships are explored. An alternative definition of income elasticity of demand emerges as a proportion of hypothetical and actual demand of the commodity where hypothetical demand has been calculated on the basis of marginal propensity to consume - for all the lower incomes - remaining the same as found for the given income.- Differential Effects of Price Increases on Small and Big Cultivators-A Case Study
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Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 4, No 1 (1962), Pagination: 33-51Abstract
In the general rise of agricultural prices from the year 1955-58 to 1956-57, that in jowar, raw cotton, and oil seeds was particularly prominent. The benefit of this situation accrued to the farmers of Vidarbha in particular, as Vidarbha, with its rich black soil and suitable timely rainfall, is one of the best tracts in the country for growing cotton, jowar and groundnut. Cotton and jowar together account for about 75 per cent, of sown area in the districts of Akola and Amaravati belonging to this tract.- The Input-Output Economics - A Resume
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Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 9, No 3-4 (1967), Pagination: 283-296Abstract
With the transformation of the mode of production from primitive self-contained to more elaborate processes leading to specialisation and exchage, the need to investigate the interwoven web of economic inter-dependence, both in its theoretical and empirical aspects, became increasingly important.- Depreciation Reserves and their Economic Consequences
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Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 5, No 2 (1963), Pagination: 139-151Abstract
THE excess of depreciation reserve over the replacement needs is a constituent of the national income that eludes even the fastidious grip of the national income accountant. For an individual firm, depreciation reserves are not an income. But for&growing economy as has been demonstrated by Domar E.D., a portion of it is in the nature of income which can be used either for consumption or investment purposes. The greater the rate of growth, the higher proportion of depreciation reserves in the nature of income.- An Inter-Industry Capital Coefficients Table for India - First Approximation (1960)
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Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 9, No 3-4 (1967), Pagination: 342-346Abstract
The Economic Division of the Planning Commission has constructed an Input-Output Table (included in this volume) for India for the year 1959 with 29 sectors. For planning and dynamic analytical purposes, however, it is necessary to supplement it with an inter-industry capital table. The input-output table will give the commodity balances for a year but whether the structure of production of different commodities is appropriate for the type of the planned growth envisaged can only be ascertained with the help of an inter-industry capital Matrix.- An Application of Dynamic Input Output Model for Planning
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Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 9, No 3-4 (1967), Pagination: 391-412Abstract
In a developing economy two types of techniques of production - traditional and modern-exist side by side. The process of development consists in the increasing use of the modern technological complex in the economy. In planning for economic growth one tries to increase this part of the economy, of the modern vintage, at as fast a rate as possible subject to the socio-poUtically determined minimum growth rates of various consumption sectors.- Use of Shadow Prices in a Developing Economy
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Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 9, No 3-4 (1967), Pagination: 413-421Abstract
A detailed plan for economic growth requires the use of a detailed input-output table as well as detailed capital coefficient matrices. Once the technological matrices and the initial data about the economy are available, it is possible to plan for detailed resource allocation for a few years during which technological data are not supposed to undergo any significant changes. Various methods for such planning are available.- Optimum Capacity and Imbalance of Capital Structure: The Case of Machine Manufacturing Industries
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Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 9, No 3-4 (1967), Pagination: 428-436Abstract
Under-utilisation of capacity in metal and machine manufacturing industries in India has become endemic by now. The industry is running below capacity at least from 1959. This is an unfortunate situation in a developing country like India and this shows that the policy that led to this structure of capital creation has been not well integrated. An under-utilisation of capacity results in a higher capital-output ratio than is technically warranted. A developing country with a paucity of capital, as well as of foreign exchange by which to purchase it, can hardly afford this luxury.- Short-Term and Long-Term Effects on Food-Grain Consumption Due to Changes in Total Expenditure
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Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 3, No 4 (1961), Pagination: 358-365Abstract
Income (or expenditure) elasticity of demand of any commodity calculated from family-budget data enables one to predict the final adjustment in the consumption of that particular commodity in response to the marginal changes in income or expenditure as the case may be.- Two Concepts of Capital-Output Ratios and their Relevance for Development
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Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 4, No 4 (1962), Pagination: 281-290Abstract
In modem discussions about investment material the capital-output ratios for the various commodities have played a large role. It has been maintained that other things being equal the preference in investment should be given for those conditionals which have a lower capital-output ratio. With given capital resources it will naturally increase the national product more.- Time-Pattern and Quanta of Purchase and Sale of 'Jwar' by the Peasants of Vidarbha (Bombay State)
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