Refine your search
Collections
Co-Authors
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z All
Dholakia, Ravindra H.
- Critique of Recent Revisions with Base Year Change for Estimation of State Income in India
Abstract Views :418 |
PDF Views:4
Authors
Affiliations
1 IIM Ahmedabad, IN
2 DE&S, GoG, Gandhinagar, IN
1 IIM Ahmedabad, IN
2 DE&S, GoG, Gandhinagar, IN
Source
Journal of Indian School of Political Economy, Vol 29, No 1-2 (2017), Pagination: 131-143Abstract
In the present paper, we have critiqued recent revisions made in the estimation of state income in India consequent upon the change in the base year of the National Accounts from 2004-05 to the new base of 2011-12. We have pointed out 10 major limitations of the whole exercise. The revisions associated with the new base 2011-12 series have serious implications on national and regional accounts estimation compared to the past. We have argued with concrete illustrations drawn from the experience of the Gujarat state that most of these impacts are negative on the quality, reliability, valid usage, interpretation and meaningful analysis of long term trends of sectors and the economy at the state level in the country. These revisions areperhaps not well thought out, carefuland consistent with the fundamental desirable characteristics of descriptive statistics and estimation of aggregates. In some cases they seem to be carried out hurriedly without paying attention to their likely impact on the whole system, processes and personnel involved in collection, compilation and generation of critical estimates at regional level. Our final recommendation is that the recent revisions associated with the new base of 2011-12 series should be abandoned for implementation at the state and district levels in the country till further revision of the base year takes place. In the interim period, let the old base of 2004-05 with the methodology continue at the state level.References
- GOI, 1976; Final Report of the Committee on Regional Accounts, Central Statistical Organization, New Delhi.
- GOI, 2001; Report of the National Statistical Commission, New Delhi.
- GOI, 2011-12; Education Statistics, 2011-12 for intermediate/secondary/higher secondary/upper primary schools and colleges, Ministry of Human Resources Development website.
- GOI, 2015; Final Report of the Sub-Committee on Private Corporate Sector including PPPs, CSO, MoSPI website.
- GOI, 2015; Report on Changes in Methodologies and Data Source in New Series of National Accounts, Base Year 2011-12, June 2015, CSO, MoSPI website.
- GOI, 2016; Report on monthly returns on mineral production, Indian Bureau of Mines website.
- Kijima, Y. and P. F. Lanjouw, 2003; "Poverty in India during the Nineties -Aregional Perspective", World Bank Policy Research Working Paper, July 29, DECRG.
- Shaw, Abhishek, 2013; "Comparing NSSO’s Employment Surveys - A methodological Note", EPW, vol. 48, no. 30, July 27.
- Macroeconomic Performance and Tax Revenue-The Case of Gujarat State
Abstract Views :179 |
PDF Views:0
Authors
Affiliations
1 School of Social Sciences, Gujarat University, Ahmedabad, IN
2 Indian Institute of Management, Ahmedabad-380015, IN
1 School of Social Sciences, Gujarat University, Ahmedabad, IN
2 Indian Institute of Management, Ahmedabad-380015, IN
Source
Journal of Indian School of Political Economy, Vol 12, No 1 (2000), Pagination: 21-34Abstract
It is hypothesised that the tax revenues of a state economy would be sensitive to the macroeconomic performance of the state economy measured in terms of inflation and the growth of real income. The case of Gujarat state over the period 1980-81 to 1997-98 is considered for examining this hypothesis. The time trends of the state's tax revenue, GSDP and implicit deflator are estimated and relatively high instability of the growth of both nominal and real income in the state is brought out. The methodology used by the Tenth Finance Commission to estimate the buoyancy of the tax revenues of the states ignored the unit ischolar_main problems in using the level variables with strong time trends. Since the Commission has also not tested for cointegration of the regressions used, it has generated spurious correlations and meaningless estimates of the tax buoyancy for different states. In order to get a more realistic, acceptable and analytically usable estimate of the tax buoyancy in Gujarat, annual rates of growth in the variables are used in the regressions which amount to using the first difference in the double-log form. Moreover, the hypothesis of uniform marginal buoyancy of tax collection for inflation and real output growth is also tested for Gujarat. The argument about tax rebates and incentives contributing to the future growth of output and hence to the future tax collection is also examined. The data on Gujarat do not appear to support such causal links of the tax incentives and future growth of the economy. Very low tax buoyancy indicates serious problems with the tax administration and tax system in the state.- Specialist Services in the Indian Rural Public Health System for Maternal and Child Healthcare-A Study of Four States
Abstract Views :183 |
PDF Views:0
Authors
Affiliations
1 Institute of Law, Nirma University, Ahmedabad, IN
2 Indian Institute of Management, Ahmedabad, IN
1 Institute of Law, Nirma University, Ahmedabad, IN
2 Indian Institute of Management, Ahmedabad, IN