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Sathe, Dhanmanjiri
- Sources of Structural Changes in the Indian Economy during the Pre-Reforms Period: 1951-1952 to 1983-1984
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1 Department of Economics, University of Pune, Ganesh Khind Road, Pune 411007, Maharashtra, IN
1 Department of Economics, University of Pune, Ganesh Khind Road, Pune 411007, Maharashtra, IN
Source
Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 54, No 1 (2012), Pagination: 39-52Abstract
In this article, India's sources of structural change for from 1951-1952 to 1983-1984 have been examined. Though this entire period falls before the '1991- libralization' policy shift, there were subtle overtures towards opening up since the early seventies. Capturing the sensitivity of the economy to this policy shift has been attempted here. Six input-output tables with eighteensector classification scheme have been used. It was found that the nonproportional growth in the Indian economy was largely driven by technological change and, to a certain extent, import substitution from 1951- 1952 to 1983-1984. The contribution of exports in changing the structure of the Indian economy was quite limited for the said period.- Some Issues Related to the Creation and Use of Import Matrices for the Indian Economy
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Authors
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1 Institute of Management Development and Research, Pune, IN
1 Institute of Management Development and Research, Pune, IN