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

P. R. Rao , Balbir Singh

Abstract

The objective of this paper is to explain and quantify the phenomenon of the rising price level and to indicate the rate of expansion in money supply given the rates of growth in agriculture and industrial production and the velocity of circulation of money supply such that price-stability is maintained. The analysis has been done on long-term basis so that a deeper insight may be had of the problem of rising prices.

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R. D. Singh , P. R. Rao

Abstract

The present study attempts in examining the role of price including price-risk as well as non-price factors in determining supply behaviour. Additionally, it also tries to quantify the effects of interregional characteristics on supply. As a case study, the supply behaviour of virginia tobacco in India has been undertaken.

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