Header menu link for other important links
X
Regional Accounts of India: Methods, New Estimates, and Their Uses
Published in Wiley
2016
Volume: 62
   
Issue: 1
Pages: 92 - 119
Abstract
For large economies with substantial regional variation, it is of great importance for policymakers and economic analysis that macro-economic statistics are broken down by region. This paper reviews the regional accounts in India, discusses their role in Indian federal and state policies, and provides new estimates to cover major data gaps. Statistics on domestic product by Indian state, broken down by industry, are regularly published. But despite demands and recommendations by various commissions and policymakers, a comprehensive system of regional accounts is yet to be developed. New estimates for the period 1993–2010 are presented for saving and the macro-economic expenditure by Indian states, like final consumption, capital formation, and trade balance. They show, for example, that some of the fastest growing Indian states have increased their saving and investment rates to 50 percent of their domestic product.
About the journal
JournalData powered by TypesetReview of Income and Wealth
PublisherData powered by TypesetWiley
ISSN0034-6586
Open AccessNo
Concepts (1)
  •  related image
    Economics and econometrics