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

V. V. N. Somayajulu ¹

Affiliations
1 School of Social Sciences, University of Hyderabad, Hyderabad, IN

Abstract

This paper deals with the following inter-related motivated research questions for an investigation and hypotheses for empirical verification:

Whether the explanations offered by different economists for all India industrial retrogression of mid-sixties hold good for explaining the stagnation of industries in Andhra Pradesh (AP) or not; whether they could give any guidelines for growth impulses and decision-making to revival of industries in AP State and whether the mid-sixties break paint of All India industrial performance was appropriate for AP Slate industrial performance; if not, what break-point(s) to time could better be traced and inferred in analyzing the stagnation and growth or fluctuations in AP industrialization; and to explain for justification, if any, of other better break-paints. The analysis proceeds to investigate.

Whether the cited trends and explanations that hold good for an aggregate industry also hold good for those regrouped into (i) input based (process based) and (ii) market based (end use or demand based) industries or not: differential growth rates in industry were accounted for structural changes in AP industry or not; and/or for institutional changes such as due to role of financing and promotional corparations of AP State industrial development.

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V. V. N. Somayajulu , Jacob George

Abstract

Considerable work has been done on the theoretical and empirical problems of estimating the production functions of the Indian Industries. The studies were mainly aimed at analysing the contributory factors of output growth, returns to scale, partial and total productivity indices, technical progress, elasticity of factor substitution, etc. The period covered in these studies using the CMI (Census of Indian Manufactures) and ASI (Annual Survey of Industries) data estimating Cobb Douglas (CD), Constant Elasticity of Substitution (CES) and Variable Elasticity of Substitution (VES) production functions was from 1946 to 1975.

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V. V. N. Somayajulu

Abstract

This paper attempts to specify the significance of an industry study on steel forgings, a continuous multi-dimensional product, for sector specification in the inter-industry frame-work. The object of this paper is to bring out the salient features of the same study in the context of other techno-economic industry studies. For this purpose, this paper has been sliced into two sections. Section I deals with, the theme of and need for the study, use of engineering data and a brief review of earlier attempts on similar works. Section II provides the summary and major findings of the study.

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V. V. N. Somayajulu

Abstract

The art of forging process may be defined as the plastic deformation of metals and alloys into some predetermined size or shape generally at elevated temperatures, by a compressive force exerted by a hammer, press, or upsetting machine.

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Raghunath K. Koti , V. V. N. Somayajulu

Abstract

In this paper, an attempt has been made to estimate the replacement value of different types of fixed capital used in 95 subgroups of the 3rd division of large-scale manufacturing industries, also to present the values of the stocks of inventories held at the end of the year 1959 in Maharashtra. In this attempt, the use of these replacement values in eventually evaluating the capital coefficients needed for the dynamic input-output analysis is kept in view.

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