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

Abstract

The input-output table is a very convenient means of combining a huge mass of heterogeneous statistical data into a coherent whole such that the structural relationships underlying the economy can be analysed. The table has three constituents viz. intersectoral transactions; final demand vectors, and value added row.

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P. N. Mathur , A. R. Kulkarni , P. Venkatramiah , Narain Das

Abstract

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.

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P. N. Mathur , A. R. Kulkarni , S. N. Baltoda , P. D. Parkhi

Abstract

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.

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