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

V. V. Bhanoji Rao

Abstract

In this paper two production functions are estimated for Andhra Pradesh for the year 1957. In both the cases the data are taken in value terms. Thus the three variables are: (1) value added by manufacture; (2) wages and salaries; and (3) value of total productive capital. In the first case, the data relates to the Industry-wise figure and, in the second case, to the district-wise figures.

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