Saving, Investment, and Growth in India
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A termék adatai:
- Kiadó Oxford University Press
- Megjelenés dátuma 2002. augusztus 1.
- ISBN 9780195658576
- Kötéstípus Kötés ismeretlen
- Terjedelem196 oldal
- Méret 215x140x15 mm
- Súly 383 g
- Nyelv angol
- Illusztrációk numerous tables and figures 0
Kategóriák
Rövid leírás:
This volume provides the first comprehensive analysis of the determinants of saving and investment and the role of investment in economic growth in the Indian economy over the post-independent era. It aims to inform the national development policy debate in India, which has received added impetus following the market-oriented policy reforms initiated in 1991, and to enrich the literature on saving, investment and growth in developing countries which consists predominantly of broad
generalisations made from multi-country, cross-sectional analyses.
The book documents trends and patterns of saving and investment in the Indidan economy in its historical and institutional context, paying attention to key policy shifts whilst also paying attention to the ongoing process of economic transition. The determinants of saving and investment, and the role of investment in explaining growth are examined using regression models derived from the received theory and implemented with the help of modern time-series econometric techniques. To gain
perspective, the econometric evidence from India is presented and interpreted in the context of the existing empirical literature relating to other developing countries.
The book is written in a simple but rigorous way, in the form of a self-contained treatise with detailed discussions on the data sources and non-technical expositions of the econometric procedures. It will appeal to students, policy makers and all those concerned with the process of econometric development in developing countries.
Hosszú leírás:
This volume provides the first comprehensive analysis of the determinants of saving and investment and the role of investment in economic growth in the Indian economy over the post-independent era. It aims to inform the national development policy debate in India, which has received added impetus following the market-oriented policy reforms initiated in 1991, and to enrich the literature on saving, investment and growth in developing countries which consists predominantly of broad
generalisations made from multi-country, cross-sectional analyses.
The book documents trends and patterns of saving and investment in the Indidan economy in its historical and institutional context, paying attention to key policy shifts whilst also paying attention to the ongoing process of economic transition. The determinants of saving and investment, and the role of investment in explaining growth are examined using regression models derived from the received theory and implemented with the help of modern time-series econometric techniques. To gain
perspective, the econometric evidence from India is presented and interpreted in the context of the existing empirical literature relating to other developing countries.
The book is written in a simple but rigorous way, in the form of a self-contained treatise with detailed discussions on the data sources and non-technical expositions of the econometric procedures. It will appeal to students, policy makers and all those concerned with the process of econometric development in developing countries.
The book is set apart from other books on India by its attempt to bring empirical rigour to bear on questions of policy such as the relationship between investment and growth and the determinants of saving and investment in India. While all the chapters are competently written, I especially liked the chapter on the determinants of investment . Even though this book would have been very readable for a general audience even without the empirics, including the empirics will have
special appeal for undergraduate students, and even some graduate students looking to work with developing country data ... extremely enjoyable.
Tartalomjegyzék:
Introduction
Savings, Investment and Growth
The Policy Context
Savings and Investment in India: Trends and Patterns
The Determinants of Saving
The Determinants of Investment
Investment and Growth
Conclusions
Appendix
Bibliography
