Pricing and Inflation in India
- List Price: $29.95
- Binding: Hardcover
- Publisher: Oxford University Press
- Publish date: 01/01/2000
Description:
This study investigates the inflationary process in the Indian economy over the period 1950 to 1980. The emphasis is on modelling price behaviour in the principal productive sectors of the economy. A significant advance is the decisive counterposing, within a clearly defined framework of model selection, of alternative explanations of inflation in India. In the course of providing an interpretation of the inflationary process of the period concerned, estimates on a range of crucial relationships are presented and some strongly-held beliefs concerning the economy are contested. The study is marked by an ability to unravel the workings of the Indian economy with the aid of powerfully simple methods of analysis.
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